Hull KR wait on investment

Correspondent

Hull KR have released a statement regarding local businessman Tony Larvin and his imminent investment in the club.

Through their website, the Robins said: “In light of recent coverage in the media we can confirm that club representatives have met with Tony Larvin regarding a substantial investment in Hull Kingston Rovers.

“Those meetings took place prior to Christmas, and again earlier this week. At this stage there will be no further comment until such time as the necessary proof of funds has been delivered to the club.”

Larvin first approached the Red and Whites back in October, but faced a struggle to convince Rugby League bosses that he was a fit and proper person to run the club. 

The former KR colt, 48, spent five months in prison when £9m of clients’ funds went missing from a timeshare firm in which he was a partner.

Larvin denies all involvement and is still fighting to clear his name. 

His plans to invest £15m into the club over the next six months were initially met with a great deal of scepticism, but his open approach that has seen him interact with fans over twitter and plan open forums at Craven Park appear to have won some over.

With the first instalment of £5m due to be transferred in the coming days, KR’s £2m debt would immediately be cleared.

Larvin says he is willing to talk to all fans this Sunday to reassure them of his desire, and honest intentions, for the club.