The stark financial outlook facing regional rugby in Wales can be revealed under a proposed new funding deal with the WRU, with benefactors having to provide £25m of fresh equity investment and a huge cut in rugby squad budgets.
With the union in turmoil with allegations of sexism, racism and misogyny, it has been in talks with the four regions - Cardiff, the Scarlets, Dragons and the Ospreys, for around 20 months , via the Professional Rugby Board (PRB), over a new six-year funding deal.
If agreed the deal would be backdated to the original intended commencement date of July, 2022, and run to summer of 2028.
