WREXHAM rugby league team Crusaders have been placed into administration.
A statement from the club said: “Today (November 12), the Welsh Super league club Celtic Crusaders Limited has entered administration pursuant to an application to the High Court of Justice, Leeds District Registry by the clubs shareholder.
“Peter O’Hara and Simon Weir of O’Hara & Co have been appointed as administrators.
“Over the last year, the club has undergone financial difficulties including significant inherited debt which has made the business untenable.”
Joint administrator Peter O’Hara said: “There was a high level of support and enthusiasm towards Super League rugby in its first season in Wrexham which exceeded the club’s expectations.
“We are currently pursuing a number of options and are talking to interested parties and the Rugby Football League in the hope that a solution can be found to the club’s current difficulties which would enable it to go forward and maintain rugby league in Wales.”
The administrators are being advised by legal firm Clarion.