EXCLUSIVE: London-based Irish tycoon Mick Crossan reveals he’s ready to give the club away for FREE after nearly a decade of ownership… as the multimillionaire businessman insists it’s not about the money.
- Irish London tycoon Mick Crossan says he’s ready to give away the club for free
- The bold statement comes amid a financial crisis in rugby
- The top 13 sides have accumulated a combined £509million in debt
- Crossan says he will give London Irish to anyone ‘as long as they fund it’.
Irish London tycoon Mick Crossan has revealed he is ready to give the club away for free after nearly a decade of ownership.
The multimillionaire businessman told the Mail on Sunday he was ready to talk to potential investors about the money to fund the club’s future.
Crossan admitted a MoS inquiry into Premership clubs’ finances had revealed the extent of domestic rugby’s financial crisis. The top 13 sides have accumulated a combined £509million in debt.
Irish London tycoon Mick Crossan has revealed he’s ready to give the club away for nothing
Rugby are suffering from a financial crisis – with teams piling up £509million in debt together
Crossan, 63, has achieved his goal of returning the side to their London roots and is now ready to hand the club over to an ambitious successor.
‘If anyone wants to buy a rugby club with their own training ground and P shares [Premiership shares] then they don’t even have to buy it,” Crossan said. “I’ll give it to them as long as they fund it.
“My motive when I got involved was to keep London Irish as a club. Otherwise they might have ended up Swindon Irish. They’re back in heartland London now so I’ve done what I set out to do and hopefully secured the club’s future.
“If anyone wants to take the mantle, they’re more than welcome. There is much to do. We want someone who is genuine and has good governance. It’s not about money. It’s about continuity.”
Crossan says he “did what I set out to do and hopefully secured the club’s future”.
https://www.dailymail.co.uk/sport/rugbyunion/article-11177125/London-Irish-tycoon-Mick-Crossan-reveals-ready-club-away-FREE.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 London Irish tycoon Mick Crossan announces he’s ready to give away the club for FREE