FORMER Saracens chief executive Edward Griffiths says he remains “open for talks” as he plots a consortium takeover of Worcester Warriors.

Griffiths, who has previously been a consultant at Warriors, has put together an offer which he says “combines funding and rugby expertise”.

Owners Sixways Holding Limited have reportedly put the Aviva Premiership outfit up for sale with a market value of £26.7million and are believed to be looking to complete a deal before the end of the year.

Griffiths has been linked with a possible takeover having arrived at Sixways in January to help Warriors’ bosses on a short-term project to review the club’s rugby operations.

Chances of a move appeared to be over when Griffiths left Worcester earlier this month.

But speaking in The Daily Telegraph, he expressed his interest in taking on Warriors who have reportedly lost more than £16million over the last three seasons.

“We have put together an offer to take the club forward which combines funding and rugby expertise, and we remain open for talks,” Griffiths said.

Griffiths was chief executive of Saracens for seven years until the end of the 2015/16 season.

During his time, Sarries won the Premiership in 2010/11 and reached the Heineken Cup final in 2014.

They also moved to the 10,000-capacity Allianz Park in 2013 after a number of years ground-sharing at Watford's Vicarage Road.

Griffiths has previously worked with Warriors director of rugby Gary Gold, who secured a one-year deal to stay at the club in April, at the Sharks in South Africa.

According to Property Week, he is being advised by Alton Towers owner and multi-millionaire Nick Leslau on a plan to buy the club.

Leslau is director and co-owner of Saracens, but the national report understands the English commercial property investor was unlikely to get involved in a consortium bid.

Last week, managing director Gus Mackay sent an email to season ticket holders, hospitality members and sponsors to clarity Warriors’ position following national reports over the club’s future.

"Our position remains unchanged from our statement we issued a few weeks ago, in which we specified that we were looking for investment, that there were no timelines and that it is essential we find the right partner,” Mackay said.

"Furthermore, our current shareholders are committed to funding the club for the foreseeable future or until the right partner is found.

"As we know, investing in a business comes in many forms and that includes money to support the existing shareholders through to outright purchase.

"Any proposed funding structure has to be in the best interests of the club, supporters, commercial partners and staff.”