News about Jim O'Toole

Since finding that the club was put up for auction shortly after it was purchased from the administrator, Worcester Warriors supporters have expressed'serious doubts' about its new owners. Total Compliance Solutions, an American-based company that is part of the Worcester-over-taking consortium, has promised a significant interest in the club to a third party for a nine-figure sum. The deal was signed on February 13, two weeks after the administrator completed Worcester's transfer to the Atlas company, which is being represented by club's former chief executive Jim O'Toole and ex-player James Sandford.

After the Warriors' new owners revealed contentious rebranding efforts, former Worcester manager Steve Diamond and the club's ex-players led to vehement against the Warriors' new owners. In the middle of an unprecedented financial crisis in English rugby, the Gallagher Premiership team went into administration last year. After being offered preferred ownership status by the club's administrators, the Atlas Consortium, led by Jim O'Toole and James Sandford, took over the Sixways company.

As a minority group Atlas announced that the Worcester Warriors will not participate in next season's Championship, the team will be renamed Sixways Rugby. The Rugby Football Union set a deadline for the Warriors to demonstrate that they had fulfilled the appropriate conditions to participate in the second-tier competition on February 14. However, Warriors boss Jim O'Toole, who worked with former London Irish player James Sandford, says the Warriors will now be merging with fourth-tier side Stourbridge.

Begbies Traynor's decision to authorize Worcester's buyers before the ruling body's fit and appropriate persons test was challenged by the Rugby Football Union. The RFU was stunned that Jim O'Toole (pictured) and his Atlas group were able to enter an agreement to buy the club and its assets without the due diligence being completed. Begbies were asked for comment. Domestic rugby chiefs said they had anticipated that all three bidders would be allowed to take the fit and proper persons' test and were disappointed when a contract was signed without them being informed.

The Atlas consortium of Jim O'Toole and James Sandford has purchased Worcester Warriors. After entering administration and causing a financial crisis in English rugby, the club was suspended and then booted from the Premiership earlier this season. We can tell you that contracts have been exchanged with Atlas,' said Julie Palmer, Begbies Traynor's partner.

Worcester's hopes of returning to professional rugby for next season have been stifled by the RFU's refusal to sanction the stricken Warriors. But Wasps will have better news as they move forward, after their ex-player-led consortium that was interested in purchasing the club was allowed to continue. Both Worcester and Wasps were initially suspended and then banned from the Premiership early this season after entering administration and creating a financial crisis in English rugby.

Exclusive BY ROBERT DINEEN: Worcester fans are demanding more information about the club's buyers, as they do include a couple who owns a gun shop in Minnesota and The Gap Band, a seminal funk band. The Mail on Sunday revealed that two members of Jim O'Toole's family, a couple named Denise and Marc Schrade, were operating a weapons store and private medical center out of the same building in Minneapolis as recently as 2018. Pierre Akinroyulo, the business development manager for Wilson Holdings Global, an investment vehicle set up by the Wilson family, is another individual in O'Toole's consortium. The Gap Band's members formed the core of the group.

Jim O'Toole's company has been named as the preferred bidders for the relegated Gallagher Premiership team. Worcester went bankrupt and was partially liquidated this month, with HM Customs and Revenue demanding unpaid tax in the region of £6 million. The former Worcester chief of rugby, Steve Diamond, had launched a rival bid to buy the club through his Sixways Village consortium.

The man behind a £17.5 million bid to save Worcester Worriers believes that investigating possible asset-stripping at the Premiership club is vital to the club's hopes of a fruitful future. Begbies Traynor - the company's administrator of the Sixways group - has promised to look at historical accounts to find why Worcester is in such financial turmoil. Worcester's new Warriors' owners, Colin Goldring and Jason Whittingham, have led Worcester, who were barred from playing and put into administration on Monday, to the brink of disaster.

Worcester Warriors have been barred from all sports after failing to meet a Rugby Union deadline in order to ensure a long-term investment. The governing body of England rugby warned Colin Goldring and Jason Whittingham, the Gallagher Premiership's owners, that they must demonstrate how they will fund the club for the remainder of the season. They were unable to do so, resulting in a permanent suspension from playing time. Worcester's players were left 'heartbroken' by the decision, which could lead to the club's dissolution shortly.

Exclusive BY CHRIS FOY: As the two unhappy players face increased criticism from the RFU over their mishandling of the stricken Warriors, Mail Online Sport can tell that they acquired financial help from Duckworth soon after taking over at Sixways in 2018. Multiple sources have confirmed that the large sum received has not been paid back. Those within the club and the rugby community around Worcester, who have expressed such admiration for Duckworth, an adored local businessman and philanthropist, will be horrified by this news. He began his association with the Warriors in 1997 and oversaw their ascension from the lower leagues to Premiership, as executive chairman and a generous investor. He combined his rugby involvement with charitable causes and then went on to become the president of Worcestershire County Cricket Club.

If the RFU has safety equipment to stage matches at Sixways Stadium by midday on Friday, Worcester Warriors will be banned from all sports. The RFU's English rugby chiefs wrote to the troubled Gallagher Premiership club, asking that their matches can continue despite the absence of safety certificates. If the beleaguered Warriors owners produce the relevant paperwork without delay, Worcester's Premiership clash against Exeter at Sixways on Sunday has now been put into serious doubt.

Worcester has released a statement to make it clear that they have not been put into service after a Department of Digital, Culture, Media, and Sport letter suggested that they had been referred to as "not presenters." The Warriors pressed quickly to clarify their situation, stating that they are waiting for an agreement with an undisclosed buyer to be signed as they seek to recover amid debts of over £25 million. The owners' letter claiming that the club has been put into administration is circulated by the Department of Digital, Culture, Media, and Sport.' The Warriors' statement read, "This is not true."

All of Worcester's players and staff were told a takeover on Tuesday, which would see current owners Colin Goldring and Jason Whittingham selling a majority stake. The buyer is not the consortium led by former Worcester chief executive Jim O'Toole, who appeared to have failed in his efforts to buy the club with a cryptic social media post on Tuesday.

On Monday night, Worcester's owners reached an agreement for the auction of the financially troubled club, which is subject to legal confirmation. Staff were told by managing director Peter Kelly that final terms on the contract were being ironed out, and that an internal review would follow. It's unclear if the transaction will result in the departure of co-owner Colin Goldring and Jason Whittingham, or if the investment will encourage them to remain at Sixways.

Local MPs have expressed the insistence that the club be forced into administration this week, raising concerns that the government is being pushed into administration. The Warriors prepare to launch their Premiership campaign against London Irish on Saturday, and with takeover talks stalling, their urgent financial crisis has reached a critical point. According to reputable reports, the Department of Digital, Culture, Media, and Sport (DCMS) has been advised to intervene, which is an increasing possibility now. However, it must do so quickly, as if the club goes into administration, it could face relegation as punishment.

Worcester told their players last night that additional funds had been obtained to pay their salaries, but workers were furious to learn that they would only be paid 66%. Due to fears that the club's future could be irreversibly harmed, the troubled West Midlands club was forced to postponed their pre-season match against Glasgow in Inverness on Monday. However, wages would be paid within hours of the horrific bulletin, preventing an exodus of players, at least for another month.

Jim O'Toole, the current Worcester Warriors' chief executive, has revealed he had made a bid 'to ensure the club's long-term viability.' O'Toole said that his plans were dependent on the Premiership club's assumption into administration, which would result in an automatic 35-point penalty for the new season. O'Toole's remark said: "I can tell you that James Sandford of Atlas SportsTech Limited and I have submitted a report today regarding the investment and the future of Worcester Warriors rugby team.'