London Welsh are now fired up for a tilt at the Championship after weeks of uncertainty over their future was ended this week.

Having been placed into administration after Kelvin Bryon announced he was pulling the plug on his funding of the club, the Dragons brokered a last-minute deal with Red Dragon Rugby Limited (RDRL) which meets RFU guidelines.

RDRL are two directors, chief executive of Saudex Neil Hollinshead (who owns 60 per cent) and Slick Systems boss Lee Adams (35 per cent), with Bryon being given 5 per cent as a thank you for his efforts over the years.

Gareth Roberts of Tenon Recovery, who oversaw the transition, admitted he was relieved the situation reached a positive conclusion.

He said: “I am delighted to be able to give the club back to the directors as that is a very rare thing for me to do.

“But I felt from the start that if any club was going to be able to pull this off it was London Welsh.

“Just the name itself is a very attractive proposition, and there were plenty of people that wanted to get involved.

“There is also the fact that they have a very good squad and with the right backing they have very definite Premiership ambitions - so I am not surprised that a deal has been reached.”

The club’s debts total £1.8 million, but with the bulk of that being written off by Bryon himself, the remaining £450,000 will be paid to the club’s various creditors.

Despite the RFU instigating a five-point deduction that will hamper the start of Welsh’s campaign, Roberts insists the club can now look to the future with optimism.

He added: “I certainly do not have a crystal ball but the positive thing going forward is that the club are fully solvent and that is a rare thing in sport today.

“The club are happy and the RFU are happy and it is as if I never existed.

“My work with them is done, and I wish them the very best of luck.”