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Moss set to buy Wasps

Rugby Union, Last updated:

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The consortium led by former Wasps player Ken Moss has agreed a deal to buy the club, ending uncertainty over its future.

London Wasps' owner Steve Hayes had put the club up for sale in October after the local Wycombe Council withdrew support for a planned new stadium and now it seems he has found a willing buyer. Wasps were desperately looking for new investors and they have confirmed in a statement that "contracts for the sale of the club have been exchanged" with the Moss consortium - although the full completion "is not expected to go through until in mid-July". The statement added: "The club's priority is now on ensuring the deal is complete within this time-frame as well as finalising arrangements for the club's future structure and operations." Moss joined Wasps as a 24-year-old from Liverpool in 1985 and spent five years at the club before moving into the business IT world.

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