THE former owners of Worcester Warriors have claimed that the club still owes them up to £2m.
A 92-page report produced by the administrators, Begbies Traynor, documents the scale of the debt at the club and lists the money owed to all creditors and Colin Goldring and Jason Whittingham's Bond Group companies are twice on the report.
Just over £1.6m is said to be owed to Bond Group Sports Services and around £400,000 to Bond Group Investments.
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The administrators say there is a potential dispute over that money and they want more evidence of why that money is owed, as well as continuing to investigate the previous owners business dealings.
Warriors were placed into administration in September 2022 and subsequently suspended from all rugby activity and later relegated from the Premiership with immediate effect.
Begbies Traynor were the administrators called in to run the process and now they have produced the oligatory document for all creditors.
The debt totals over £30m, with just over £16m of that owed to the government in the form of loans.
£2.1m is unpaid taxes owed to HMRC and still £6.8m of the club's payroll remains unpaid.
Then there is around £5.8m of unsecured debts owed to hundreds of suppliers, contractors, firms and supporters, which is likely to be lost unless any new owners come in and decided to pay it back.
Some of those debts would be taken on by any new owners and at this stage, that looks most likely to be the consortium headed by former Warriors director Jim O'Toole and business partner James Sandford.
The document does state that a £600,000 loan taken out on the land at Sixways by Goldring and Whittingham has been paid off by O'Toole's consortium.
The report also outlines the administration process and how Begbies have gone about their business since arriving at the club in September.
It indicates the options explored to avoid administration but in the end, confirms it was the most appropriate action given the financial circumstances.
They have also appealed the decision by the RFU and PRL to relegate Worcester into the Championship.
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