London Broncos chief executive Jason Loubser makes plea for investment after Super League relegation

London Broncos chief executive Jason Loubser has revealed they need £350,000 in the next month to be competitive at the start of the Championship campaign next season.

The Broncos were relegated from the Super League after finishing bottom of the table.

Long-standing owner David Hughes announced his intentions to sell the club, ending a 27-year association with the Plough Lane-based side.

In a statement released on the club’s website, Loubser said: “It is now vital that we all recognise the challenges that we face as London Broncos and whilst we are working tirelessly in the background to source new investment, the reality which we face is that we must raise funds now.

“There will be no parachute payment for clubs relegated from Super League in 2024 as had been the case in previous years. This leaves a hole in our budget and now requires us to raise funds alternatively and immediately. 

“We estimate it will cost circa £900,000 to navigate our way through the 2025 season so for us to confidently start signing players and be ready for the first competitive game we need to raise around £350,000 in the next month.”