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USA Rugby's Chapter 11 bankruptcy documents are filed and submitted and they spell out a sobering situation for the embattled national governing body.
The USA Rugby Congress and Board approved and ratified a move to file Chapter 11 Bankruptcy in the next couple of days, this according to sources close to the issue.
Not everyone was for Chapter 11, as there are reports that some felt it isn't a big enough change.
According to several sources close to the issue, USA Rugby may have been thrown a fragile lifeline by World Rugby.
Based on what we have heard and seen on Friday, here’s the situation:
This is an Opinion Column by Goff Rugby Report Editor Alex Goff—Why should World Rugby bail out USA Rugby this time? Maybe because World Rugby is partly responsible.
World Rugby has pumped a lot of money into USA Rugby in recent years, but that money often has come with strings attached. Sometimes the costs of those strings have been a bit much.