Worcester Warriors has announced that the Club is under new ownership following its successful sale to a consortium, with the primary funder being Errol Pope, alongside Jed McCrory, Scott Priestnall and former Premiership Rugby player David Seymour.
Pope is a finance specialist in property and commodity trading and has a passion for community-led projects in sport.
The new owners are committed to keeping the Club at Sixways and investing above a certain threshold into the rugby budget.
They have plans to further develop the Sixways site to generate additional income, with the intentions of making the Club self-sustainable and achieving long-term success both on and off the field.
Warriors Chairman Bill Bolsover, who will remain on the Board, said: “Having met with numerous potential new owners and investors we have found long-term owners who are capable of taking the Club to the next level.
“Our search has been extensive and the whole process has been a thorough one to ensure we found the right owners who have the backing to take this Club forward.
“The new owners have that backing and, with it, a clear vision to ensure Warriors can achieve long-term success and become one of the top Clubs in the Gallagher Premiership.
“They have shown that they have the capability and commitment to invest millions of pounds into Warriors to further develop the Club.
“As a Board we believe the new owners have inherited a Club with huge potential both on the pitch and commercially. The Club is blessed with talented players, staff and coaches so we are all excited about the future.
“We would like to thank Livingstone Partners for their hard work over the last year to facilitate the Club’s sale.
“We would also like to thank Sixways Holdings Limited and Cecil Duckworth, who will remain as President, for their past investment and support, which has helped the Club become what it is today.”