Salford Red Devils have confirmed that the Club will be under the restriction of a sustainability cap for this weekend’s Betfred Super League fixture against Castleford Tigers on Friday 7th March.
This is due to the delay of funding following the takeover with funds currently pending regulatory clearance.
CEO Chris Irwin and the new ownership will meet with the Special Measures Committee and RL Commercial tomorrow morning.
in a statement the club said:
“To our fans, we sincerely apologise, we know this is not an easy time to be a Salford Reds fan.
We apologise to you on behalf of our new ownership who have assured the Club that the consortium is working to rectify the financial situation and there will be no further issues.
Thank you for your patience and support.”