Press Statement

Wednesday, 11 November 2024

Former premiership rugby club WASPS have secured land in the South East near London that forms the core element of their plans to build a new stadium, two years after they entered administration.

The site is part of a larger development scheme that provides significant complimentary enabling development and valuable supporting infrastructure for the area around a new stadium in the region

The 10 year option on the land provides a level of certainty to the project that was stared shortly after the Premiership club went into administration in October 2022 , when another company in the Wasps Holdings Group was unable to repay a retail bond.

Christopher Holland the owner of WASPS said ‘It is very rewarding that we have managed to achieve this milestone with the support of key stakeholders. It brings our aspiration of a new home in the region closer and hopefully demonstrates our determination to recover WASPS sustainably.