The American-based medical company involved in the original bid to rescue Worcester Warriors from administration has condemned the latest development in the troubled Sixways club’s ownership battle.
Total Compliance Solutions (TCS) said fans “are right to be very concerned” at a new consortium called Junction 6 Ltd taking over ownership of the stadium, associated chattels and the Warriors’ brand.
TCS also claim that former Warriors owners Jason Whittingham and Colin Goldring remain involved, although both have strenuously denied this, saying that the TCS statement was “ridiculous and can’t go unanswered”.
Along with Jim O’Toole, James Sandford and Atlas Sportstech, TCS were 3% shareholders when Atlas Worcester Warriors Ltd were announced in February 2023 by administrators Begbies Traynor as the preferred bidders.
But, when Atlas failed to repay a loan by the due date in May 2023, Loxwood Holdings – owned by Chris Holland, the owner of fellow defunct Premiership club Wasps – became 97% owners by default.
Ten months later, Loxwood then put Atlas into a pre-pack administration on 26 March, re-emerging that same day under the name of Junction 6, a company entirely owned by Holland’s Loxwood.
