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Wasps must ‘find £2 million in 20 days’ to avoid administration as overseas buyer interest reported

Wasps Holdings Limited, which includes the Premiership club and Arena Coventry Limited, have filed a notice in the High Court that they intend to appoint administrators to “protect the club’s interests”, but said the move “does not mean the business is in administration”, as they reportedly need to find £2 million in 20 working days to pay a tax bill.