STEVE Diamond admits he will turn down offers from other clubs in order to pursue a potential opportunity to rebuild Worcester Warriors.

The former director of rugby confirmed on Thursday that he is fronting a consortium which aims to buy the club out of administration.

READ | 'Sixways Village' - Steve Diamond outlines plans to buy Worcester Warriors

For a month the club's future has looked uncertain but now with two bids on the table, administrators will now have a decision to make.

Diamond put forward his business proposition - Sixways Village- to the press on Thursday and seems determined to help save the rugby club and turn it into a "sustainable business".

"The modern day organisation as we know it was founded and funded by Cecil Duckworth and until a month ago was a mainstay of the English Premiership, a staple of the Worcestershire rugby community and a massive loss to rugby as a whole," he said.

"My goal and the goal of the investors is to create a sustainable business, being able to compete back in the Premiership in the next three to four years and allowing professional rugby to thrive in Worcester.

"Sport is massive in the community and has been the leading light with the cricket and the football in the region, so it is really important we keep it going."

The club were suspended by Premiership Rugby and the Rugby Football Union at the end of September following the club entering administration and have since been relegated (barring an appeal) to the Championship as a result from the 2023-24 season.

But that is something that Diamond welcomes and is even willing to embrace.

"With what has happened to Worcester, I think due punishment and sanction is required and the RFU have suspended us this season," he added.

"Looking back in the cool light of day, its probably the right thing to do, there has to be some sanction.

"I am prepared to take relegation. It may take us a number of years to come back in the correct position where we want to be to challenge in the Prem again.

"Going into the Championship, a lot of people see it as a rebuild but I am looking at it as more than that. Now is the time to enhance the Championship.

"There are only four clubs spending regularly over a million pound and that's at the top end, none of clubs currently meet stadia requirements etc but with ourselves going down there and potentially Wasps (also in administration), we have a good foothold to develop that competition in the next two or three years."

Diamond went on to confirm that part of his plan in the Championship will be to form an agreement with Gallagher Premiership clubs Leicester Tigers, Bath Rugby and Sale Sharks.

"Part of our system will be to create a buddy system with Bath, Sale and Leicester, and I have arranged with them when their players who aren't playing in the team, they will come to Worcester.

"This is a big opportunity to take the club into the Championship, but the league needs some direction and deliverance. With what's happening in the Premiership, the Championship can develop into its own great competition going forward."