David Armstrong is working with Terminum Capital, an investment firm, on a takeover bid for Wasps and its Coventry Arena stadium, Sky News learns.
It currently sits in 11th place in the 12-team table ahead of Sunday's match.People close to the auction of Wasps say a solvent deal to buy the club and its stadium, either together or separately, is unlikely.
Wasps' stadium includes conference and banqueting facilities which are believed to have drawn interest from a number of other bidders which are not interested in buying the rugby club itself. "We have a plan of bringing about global talent and fostering a greater rugby community," said a person close to the offer.
"Discussions are now at a relatively advanced stage, and we remain hopeful of securing a deal that will allow the group, and the entities that sit within it, to move forward.
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