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Premiership Rugby hires Sir Nigel Boardman to review club finances

Sir Nigel has previously led a government inquiry into the Greensill Capital lobbying scandal

Both Worcester and Wasps entered administration earlier in the season(Image: PA)

Long-serving Slaughter and May partner Sir Nigel Boardman has been hired by Premiership Rugby to lead a review of the financial position of its current clubs.

The move comes after the collapse of West Midlands sides Worcester Warriors and Wasps earlier in the season.

The appointment of Sir Nigel, who was a partner at Slaughter and May from 1982 to 2019, is the first step by the league’s governing body to establish a financial monitoring panel, which will work in parallel with a new sporting commission that will take responsibility for key decisions made by the organisation.

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Sir Nigel has previously led a government inquiry into the Greensill Capital lobbying scandal and has acted on several of the 海角视频’s biggest deals in recent history for major clients including Shell, Vodafone, BHP Billiton, Reuters and Marks & Spencer. He will begin work with Premiership Rugby later this month.

Premiership Rugby chair Martyn Phillips said: "Financial reform of professional elite rugby in England is at the top of Premiership Rugby’s agenda and today’s announcement is a significant step forward for us.

"When Worcester Warriors and Wasps went into administration it was a devastating blow to two communities and professional rugby in England.

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"Sir Nigel will begin a vital process that will see the establishment of a Financial Monitoring Panel (FMP), supported by a fit for purpose regulatory framework, to have better oversight of Premiership clubs’ financials and to put necessary safeguards in place to ensure our clubs become financially stronger and more sustainable in the future.