First international side files for bankruptcy after Coronavirus shutdown

Rugby News
Tuesday, 31 March 2020 at 09:13
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USA Rugby has filed for Chapter 11 bankruptcy because its financial woes have been exacerbated by the coronavirus shutdown.
In financial muddle since 2018, USA Rugby had a recent attempt to restructure set back this month, when it suspended all activities indefinitely in the face of the pandemic.

The loss of spring and summer membership dues and sponsorship pullback have "resulted in significant loss of revenue," and the sport's national board and congress agreed Sunday that filing for Chapter 11 combined with more approved loans from World Rugby was "the best platform to swiftly and efficiently address challenges and deliver a foundation for future stability."
"The current suspension of sanctioned rugby activities caused by the ongoing COVID-19 pandemic has accelerated the existing financial challenges facing the union, and a reorganization process will now be progressed with input from World Rugby," USA Rugby said in a statement Monday.
The measure will protect and support the men's and women's national sevens and 15s programs, the body said.

Ranked: The 6 best American rugby players to play in the Premiership:

6. Luke Gross

The 6-foot-9 lock from Indiana started as a pro in 1997, just as British rugby was entering the professional era, and continued to play through the 2006-07 season. Playing for Harlequins, Rovigo, Roma, Scarlets, Rotherham, Newcastle, and Doncaster, Gross spent a decade making the hard yards on the field and plenty of friends off it.Embed from Getty Images

5. AJ MacGinty

The Sale Sharks flyhalf has only been a pro for a few years, but he has made an enormous impact. It has been rare for a USA flyhalf to get regular playing time on a professional team in Europe, never mind become recognized as one of the best.Embed from Getty Images

4. Blaine Scully

A fan favorite at Leicester and now Cardiff, Scully is intelligent and articulate, plays hard, and has garnered respect as a leader and a student of the game. He's about as popular a USA player as there is currently.Embed from Getty Images

3. Samu Manoa 

Manoa was a virtual nobody when he signed with Northampton in 2011. Within a year he was possibly the most popular player in the Premiership. Big, light on his feet, scary and yet engaging, he was the first Polynesian-American to really make an impact in Europe. His American ways blew fans away, and no one played like him.Embed from Getty Images

2. Chris Wyles

Born in the USA and raised in England, Wyles found his rugby career kind of treading water when he joined the USA Sevens team in 2006. Within a year, he was a major star for that team and ultimately its captain. He then became the USA 15s team's starting fullback. In 2008 he signed a short-term contract with Saracens.
The rest is history. He never looked back. While many overseas-raised players would have taken their handful of caps and pursued the pro gig. Not Wyles. He kept coming back to play for the Eagles and mirrored his experience at Saracens—playing wherever he was asked and always being available.
The result was that Wyles was capped over 50 times for the USA (his 54 caps are the most of any back except Mike Petri) and finished third all-time in points for the Eagles. For Saracens, his short-term contract evolved into 10 years with the club, during which he appeared 252 times for the club, scored 74 tries, and broke records for tries scored in the Premiership semis and finals.
Saracens won four Premiership titles and two European Championships with Wyles.Embed from Getty Images

1. Dan Lyle 

America's first professional star, Lyle showed up at Bath and didn't know what to expect. Lyle helped revolutionize the No. 8 position, using his basketball and football experience to become the best open-field runner, best lineout force, and best restart-winner at his position in the world.
Lyle paved the way for Americans from 1996 and beyond to play professional rugby because he was excellent from day one and his team won, notably the 1998 European Championship.
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