Worcester Warriors owner purchases second club

Rugby News
Thursday, 30 July 2020 at 09:06
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West Midlands Regional League clubs can look forward to kicking off at the Sixways home of the Worcester Warriors after the co-owners of the rugby giants bought the Worcester Raiders!
Football will be played at Sixways when the 2020/21 season kicks off in September after Colin Goldring and Jason Whittingham announced they’d become joint majority owners of the West Midlands Regional League Premier Division club on Wednesday.
“Our vision has always been to make Sixways a multi-sport centre and to maximise the use of the excellent facilities we have here,” Whittingham said.

“The COVID-19 lockdown has given us the chance to look at the business and our plans for the future. We have probably accelerated a few of our plans as a consequence including bringing Worcester Raiders to Sixways.
“They are a young and ambitious club with a progressive committee who are excited by the prospect of playing their home matches in a stadium of Championship football standard.
“We believe that Raiders are the right fit for what we are trying to achieve here. We want to strengthen our links with the local community and broaden our appeal and Raiders, who were formed as a youth team only 19 years ago, already have an excellent community programme.
“In addition to increasing the use of the stadium we also have the potential to increase overall attendance at Sixways over the season by more than a third.
“This is a very positive and significant step for the club as we continue to build a sustainable business with rugby at its core. We hope that Warriors supporters will join us in making Raiders feel at home here.”

EDITORS PICKS:

RANKED | Richest Gallagher Premiership owners revealed

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Man of the match: Wasps player Michael Le Bourgeois during the Gallagher Premiership rugby game between Sale Sharks and Wasps at JW Bell Stadium on Sept 22 - PHOTO: Steve Bond/PPAUK
Three clubs have no clear owner:

Exeter Chiefs: N/A

Club states that it remains owned by 700 members, the shares held by John Lockyer, Bob Staddon, Paul Derbyshire and Ian Pugsley acting as trustees.

Leicester Tigers owner: N/A

Most recent annual return notes a large number of individual shareholders; club states that no person owns 50% or more of the club shares.

Northampton Saints owner: N/A

No overall controlling party.
Now, take a look through the gallery to reveal the estimated net worth of the Gallagher Premiership's owners and top shareholders.

9. Sale Sharks owner: Simon Orange net worth -  - £25 million

Owned by Simon Orange via a holding company, CorpAcq Ltd. The combined cash at bank value for all businesses where SIMON holds a current appointment equals £20.6m, a combined total current assets value of £99m with a total current liabilities of £119.9m and a total current net worth of £-25m. 

8Worcester Warriors owner: Jed McCrory net worth - £4 million

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7. Harlequins owner: Duncan Saville net worth - £20 million

Ultimately owned by Union Mutual Pension Fund Ltd, registered in the tax haven of Bermuda. Reported to be owned by financiers Charles Jillings and Duncan Saville
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6. Gloucester ownerMartin St Quinton net worth - £20.2 million

Ultimately owned by Martin St Quinton, who made his fortune from selling his company Azzurri Communications.
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5. London Irish owner: Mick Crossan net worth - £45.5 million

4. Wasps owner: Derek Richardson net worth - £60 million

 Owned by Derek Richardson via Moonstone Holdings, a company registered in Malta.
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3. Bath owner: Bruce Craig net worth - £249 million

The accounts state that the ultimate controlling owner is the sole shareholder, Bruce Craig.
bruce craig

2. Saracens owner: Nigel Wray net worth - £315 million

 Parent company Premier Team Holdings majority owned by Nigel Wray.
nigel wray saracens

1. Bristol Bears owner: Stephen Lansdown net worth - £1.35 billion

Bristol City majority shareholder Steve Lansdown has lost £370m over the last 12 months, likely as a result of the Covid-19 pandemic, according to the Sunday Times.
Lansdown’s wealth is valued at £1.35bn, down from £1.72bn last year, and the Bristolian billionaire has fallen 22 places in the newspaper’s annual Rich List.
The 67-year-old Guernsey-based businessman is now ranked outside Britain’s 100 wealthiest people, dropping from No83 in 2019 to No105 in 2020.
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