FEATHERSTONE ROVERS have applied to go into administration.
The Championship club, whose financial issues in recent months has seen a plethora of players leave, were set to face the High Court on Wednesday following a winding-up petition served by HMRC.
Featherstone had previously secured adjournment of the petition over a reported £120,000 tax bill.
However, the club has explained that they were left with “no choice” but to apply for administration given their total level of debt.
They are now hopeful of securing another adjournment to the case ahead of administrators being appointed.
“Rovers can confirm, ahead of the HMRC hearing in the High Court tomorrow, that following professional advice, the company has had no choice but to apply to go into administration, as it will be unable to trade its way out of the present situation, due to the level of debut it currently has,” said the club.
“The club has therefore, through its legal advisors, today made an application to court, for a hearing at which we hope to be granted an Administration Order and we are now awaiting a date for that hearing.
“This will enable the winding-up petition to be adjourned tomorrow and will allow our professional representatives to take the necessary steps to properly deal with the affairs of the company moving forward.
“It is a regrettable course of action for all concerned, but ultimately, the only course of action available.
“We continue to be in dialogue with the RFL regarding a new club participating in the league and cup structure for 2026 and will keep fans updated on all of these matters as things progress.”