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Wales Online
Wales Online
Sport
Steffan Thomas

WRU and four regions verbally agree new six-year financial deal for Welsh rugby

The financial uncertainty which has engulfed Welsh rugby is drawing to a close with the Welsh Rugby Union and the four regions having verbally agreed a new long-term funding deal.

A six-year framework for the professional game in Wales has been agreed but no deal has yet been signed. The Welsh Rugby Players Association last night issued a statement citing their concern for the well-being of the players with a contract embargo having been placed on the four regions.

All parties have acknowledged the "stress uncertainty causes players, coaches, staff, and their families", and have vowed to work tirelessly to come to a solution. The four regions have been struggling on and off the pitch for a number of years and are looking for a financial solution which will not only secure their survival but give them an opportunity to be competitive on the field.

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