Former F1 boss buys NEW team in huge announcement

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Former F1 boss buys NEW team in huge announcement
Jordan consortium buys rugby union team
Eddie Jordan his dipped his toes back into the sporting business market by acquiring a rugby union team.
Jordan, 76, led the eponymous F1 team between 1991 and 2005, tasting victory four times in 250 starts.
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He went on to sell Jordan to Midland ahead of the 2006 season, sparking a long period of identity changes including Spyker, Force India and Racing Point.
Eventually, Aston Martin branding was applied to the team under the control of billionaire businessman Lawrence Stroll.


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Jordan consortium buys rugby union team
Jordan, recently diagnosed with bladder and prostate cancer that has spread to his spine and pelvis, is known as a shrewd businessman with an enviable network of F1 contacts.
And he has exercised those muscles with ‘The Jordan Associates’ lifting from administration a London Irish side in around £30m of debt.
"The primary goal of the new ownership is to return London Irish Rugby Club to the pinnacle of international professional club rugby, aiming for a swift return to top-flight competition," they said.
"The Jordan Associates team will now turn its attention to negotiating a full and sustainable return for London Irish to competitive rugby, hand-in-hand with London Irish's supporter base.”

Senior partner Kyle Jordan – Eddie’s youngest son – added: “We are incredibly excited about this opportunity to steer London Irish towards new heights.
"Our investors bring not just financial backing but a profound passion for rugby and a commitment to the community, and in particular want to reach out to the global Irish diaspora to build the exile brand."
London Irish have not competed since the 2022/23 Premiership season.
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