Wasps are set to enter administration "in the coming days" after there has proved to be "insufficient time to find a solvent solution for the companies within the group."

In a statement, Wasps pulled out of their match against Exeter this Saturday, with the Devon club replacing the fixture with a game against a Bristol Bears second team, and were subsequently suspended from the Premiership.

Unlike Worcester the suspension is not terminal (although Warriors have appealed), and won't immediately lead to their enforced relegation, and it can be lifted if they can demonstrate means and comm...