AOTG Sport, the company behind the proposed R360 rebel rugby series, has received a formal warning from Companies House to submit its overdue financial accounts or face dissolution. The accounts, which should have been filed by July and cover the period up to December 2025, were not submitted on time. This has triggered a "strike-off" notice, which gives the company two months to resolve the issue. AOTG claims the delay was caused by an error from its accountants and says the paperwork will be completed by early next week. The R360 series was initially planned to launch in October 2026 but was postponed to 2028 due to opposition from eight major rugby nations and the British and Irish Lions. The event was designed to be a five-month, F1-style circuit of matches in major global cities, featuring eight men’s and four women’s teams. Some of rugby’s most famous players were expected to participate. Proposed venues include iconic stadiums such as New York's MetLife Stadium, Barcelona's Nou Camp, and Dublin's Croke Park. Organizers had reportedly signed contracts with nearly 200 men’s players, but conflicts with existing international tournaments made it difficult to secure player availability. World Rugby did not officially approve the series without assurances that players would be released during the international Test match schedule. England, Ireland, and Scotland imposed bans on selecting players who signed up for R360. Some high-profile players, including George Ford and Fin Smith from England, chose to remain with their current clubs instead of joining the series. Organizers now face the challenge of raising a significant budget to attract top talent and secure venues, while also promoting a new event in regions where rugby is not traditionally dominant. As of December, the majority of AOTG Sport’s shares are owned by its directors, Stuart Hooper and Mark Spoors. The largest outside investment comes from 885 Capital, a United Arab Emirates-based firm also involved in the Baller League. Former England rugby player Mike Tindall, who serves as the public face of the R360 project, stated in November that the series is still on track for a 2028 launch.