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Get the latest as the club enters a pre-packed administration., as exclusively revealed on Â鶹Éç Hereford & Worcester. The owners say this will be for the good of the club, and how their plan to ensure the future of both the Sixways stadium complex and Worcester Warriors remains on track. WRFC Trading Ltd went into administration which led to the Warriors pulling out of the Premiership, and various rescue plans were put forward. The administrators - Begbies Traynor - opted to go with Atlas Worcester Warriors, a group consisting of: Jim O’Toole, James Sandford, Atlas Sportstech and TCS, an American-based medical company. To get their deal over the line, they borrowed around £1.5m from Wasps' owner Chris Holland but failed to meet the repayment terms of that loan and so, on 28 May last year, one of Chris Holland’s companies - Loxwood Holdings - became 97% shareholders in Atlas Worcester Warriors’ holding of WRFC Trading Ltd with TCS having the other three percent.  So, Chris Holland and Loxwood Holdings found themselves effectively owning two rugby clubs - Wasps and Worcester Warriors. Loxwood Holdings see this as being a continuation of the work they have already started and say a new company would allow them to put the past behind them and focus on bringing back Worcester Warriors and returning professional sport to Sixways so, essentially to draw a line under what’s gone before. Loxwood have told us this is being done in conjunction with the support of: the Worcester Warriors Foundation, Worcester RFC - that’s the city’s amateur club - and a number of leading figures from within the local business community, several of whom have become shareholders in the new venture.