Per a report from City AM, Featherstone Rovers have had a winding-up petition filed against them according to the High Court claim system.
Featherstone Rovers have had plenty of financial and legal difficulties with the club called out by several former players this year over a lack of payment. Those players included Mark Kheirallah and even Craig Hall who had unpaid money from his testimonial game.
Those issues prompted Featherstone Rovers chairman Mark Campbell to stand down. Just last year, Campbell was in court responding to charges of assault after an alleged hammer attack injured a 44-year-old man. That case will be heard this year.
When addressing the matters of unpaid player wages, the club referenced a number of issues that had contributed to financial difficulties including a reduced TV deal and IMG.
In that statement, Campbell explained that failure to earn promotion last season had seen them reduce their playing budget by 55% to ensure that they had a team “with the sole objective of delivering a Featherstone team that will fight for the badge rather than themselves”.
He claimed that those measures were a matter of ‘cutting cloth accordingly’, however, per the latest report from City AM, the club are subject to a winding-up order from finance company Investec.
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Featherstone Rovers named in high court order per reports
Credit: Imago Images
Those reports from City AM were published today and reference Investic as filling an application to the High Court against the Flat Cappers. The paper cites the High Court claim system as showing a record of a winding-up petition being made against Featherstone Rovers this past Thursday.
The club played on Sunday at home and lost in a Championship classic against Swinton Lions by a score of 42-40. They currently sit in fourth place.
If the reports are to be confirmed as true than Featherstone Rovers could be in serious financial issues with a winding-up petition effectively being an order to shut a company, in this case Featherstone, down on account of unpaid debts.
The means by which that can happen include compulsory liquidation, something that would force the club to cease existing.
The full report from City AM can be found here.
