Nottingham RFC Seeks Funding Push as they Eye Aviva Premiership Promotion
April 18, 2013
English Rugby Championship team, Nottingham RFC have revealed they are looking for fresh investment as promotion to the Aviva Premiership could be a possibility.
The Meadow Lane club have already secured their place in the end-of-season shootout for a place in the top-flight – with Nottingham set to face one of Bedford, Bristol, or Leeds in the two-legged RFU Championship semi-final.
However Nottingham, who have guaranteed second spot in the table behind runaway leaders Newcastle, are seeking £250,000 of new investment to complete this season and build for next year after existing owners and investors Luke Jones and Jason Brewer announced they can no longer provide the necessary funding.
“We’ve had an excellent season, better than we expected when we set out our objectives this time last year,” said Nottingham chairman Alistair Bow.
“But achieving this success comes at a high cost and due to a change in their circumstances our owners can no longer meet the current financial demands of the club.
“Luke and Jason would both like to stay involved, but in order for us to carry on playing at the top of the RFU Championship challenging for promotion, we need to bring additional funding in.
“We have already identified one or two new investors, but we still need more funds to bridge the gap this season.”