Breaking news from Canada that the the club is set to withdraw from the 2020 season.
Toronto have informed Super League and the RFL that the team will not be participating the remainder of their 2020 League and Cup campaigns.
The Wolfpack were included in the recently announced schedule of Super League fixtures and had been drawn to face Newcastle in the sixth round of the Challenge Cup.
But they have today issued a statement confirming that they will not compete in any remaining matches this year.
The statement cites numerous factors behind their decision, including ovewhelming financial challenges caused by the Coronavirus outbreak, and clarified that the club “fully intends” to field a team in the 2021 season.
The statement reads: “Toronto Wolfpack can confirm that the club has informed both Super League Europe and the Rugby Football League that the team will not be restarting the campaign as scheduled on August 2nd.
“The Wolfpack will not participate in the conclusion of the 2020 Betfred Super League season, or in the remainder of the 2020 Coral Challenge Cup.
“This decision has not been taken lightly, and in consideration of a range of factors specific to the club as the only transatlantic team in the league.
“The COVID pandemic has presented unexpected and overwhelming financial challenges to the Wolfpack organization.
“Greatly reduced ticket, sponsorship, merchandise and game day revenue streams have resulted from the loss of all 11 of the team’s home Super League games in Toronto.
“The Wolfpack would be left covering significant additional costs simply to complete a season of games in the UK including COVID testing, stadium rentals, medical costs and player pay increases to align with the rest of the league.
“Player and staff payroll, an issue of recent media attention, has been guaranteed by Wolfpack majority owner David Argyle and is secured by a personal guarantee to the RFL.
“Refunds for all 2020 single game tickets, as well as season membership refunds that have been requested by individual fans, will be returned by the club to Ticketmaster in the near future in order for the refund process to be fulfilled.
“The Wolfpack would like to thank both the SLE and the RFL for their support in addressing a number of the club’s issues in recent weeks including immigration, scheduling, promotion / relegation and consideration for financial support.
“The club fully intend to field a team in the 2021 season, and will be working with SLE and the RFL to understand this process moving into the next season.
“The Wolfpack would also like to thank our loyal fans for their ongoing IP support during a hugely challenging time.”
A statement from the RFL and Super League is expected imminently.