Kingstone Press Championship outfit Featherstone Rovers have revealed they are welcoming ‘substantial’ investors on board at the club with immediate effect, and have declared their intention to ‘spend their way out of the Championship’.
The new investors wish to remain anonymous for now, but have offered substantial investment for Featherstone Rovers to compete in Super League. The amount of investment will remain disclosed but its thought to be a number of millions over a 5-year period. The club has already begun to spend funds prudently.
Feisal Nahaboo said of the announcement: “Rightfully or wrongfully at the start of the season the club had made the decision to strike at the end of the season to prepare a Super League strength squad to compete next season.
“Following back to back defeats to Leigh Centurions we’ve realised we are no longer the dominant force outside Super League so the club has made the decision to raise the standards for all Championship clubs with imminent investment both on and off the field.”
Nahaboo also confirmed that, after the departure of head coach John Bastian, new coaching staff will be appointed and players will be recruited in anticipation of the investment.
“The club will immediately show its intention by appointing leading coaching staff and will then follow-up by announcing new squad members. The club will not be selling its leading players and key squad members will be offered 2 to 3 year contract extensions. The club will announce those deals ‘in one go’ over the next few weeks.
“During the transition the club will have a strict policy of no press coverage for 4 weeks and we ask all press to respect this decision. The club has been told it must finish in the top 2 this year and compete for the Grand Final at any cost.”