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LONDON — Wasps, one of England's most storied rugby teams and a two-time European champion, must begin rebuilding from the bottom of the country's league pyramid after having a license to play in the second-tier Championship revoked. The club was expelled from the top-flight Premiership after falling into administration in October amid debts totaling 95 million pounds ($118 million). It had been hit by a winding-up order from the revenue department for 2 million pounds in unpaid tax after financial issues stemming from its relocation from London to Coventry in 2014.
