Widnes Vikings have gone into administration and possibly liquidation if no new money is forthcoming. Talks early this week ended in failure. The club has recently been relegated from the Super League
This Sunday's game against Sheffield Eagles has been postponed and the administrator Peter O'Hara said that the team may not play another game.
A statement from the Widnes board said on Friday: "Following the last-minute collapse earlier this week of the proposed consortium that had been set to take ownership of Widnes Vikings and provide the necessary financial investment into the club, the Board of Widnes Vikings has been seeking specialist legal advice.
"The Board has been advised that there is no realistic option available to the club, other than to appoint an Administrator as a priority to help secure the long-term future of Widnes Vikings.
"It can, therefore, be confirmed that Peter O'Hara and Chris Brooksbank of O'Haras will be appointed today.
"The board wish to convey their sadness and disappointment at this course of action but, having made extensive efforts in recent months to find investment opportunities, we have been unable to avoid this situation.
"The administrators have extensive experience in supporting businesses with the same challenges faced by Widnes Vikings and have a strong understanding of Rugby League.
"We believe that they are the right appointment for the club and sincerely wish them success in their endeavours.
"We wish the very best for Widnes Vikings, its players, staff, supporters and partners, and hope that this matter can be positively resolved soon for all parties."
The board directors have received death threats and these have been reported to the police.
Categories: What is administration