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WRU Press Release on Dragons Takeover

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reesytheexile View Drop Down
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    Posted: 22 March 2017 at 2:13pm

Newport Gwent Dragons Deal-one down ..level  playing field??..... Confused

 
T
he Welsh Rugby Union (WRU) today formally announced its intention to assume operational control of the Newport Gwent Dragons (NGD) region, both on and off the field – with a targeted completion date of 1st July - after reaching ‘heads of terms’ agreement.
The WRU has been working closely with the NGD board for some time, to help find external investment and to explore how the WRU can support the region as it moves into a new ambitious phase of development. 
The proposed transaction includes the purchase of the nine-acre Rodney Parade site in its entirety – for a price which has been mutually agreed, deemed to be a fair offer and has been ratified by the Boards of the WRU, Newport RFC and NGD - but must still be ratified by the shareholders of Newport RFC.
On completion of the proposed transaction all current NGD employees will be taken on by the WRU and a new company will be formed which will be a wholly owned subsidiary of the WRU and will be free of any historic debt.
The WRU also plans to make required investments in the Rodney Parade pitch and stadium and provide WRU expertise and resources, ensuring that the infrastructure in the region is in keeping with the requirements of professional rugby and the Guinness Pro12 competition in which it participates.
WRU Group chief executive Martyn Phillips points out that the investment is, first and foremost, about safeguarding the future of rugby in Gwent, safeguarding the future of Newport RFC at Rodney Parade and enabling a sustainable professional entity which is attractive to further future investment (NGD).
“It is important for us to go immediately on record to sincerely thank both Tony Brown and Martyn Hazell for all they have done for NGD and for their professionalism and support throughout this recent process in particular,” said Phillips.
“All parties recognise that from an NGD perspective significant improvement is required on and off the pitch and that it is now time to take a different approach.
“This investment is equally designed to safeguard Newport RFC and its rich history at Rodney Parade and provides a long term programme where we focus on putting in solid foundations to ensure a sustainable and successful team in the region.
“Without this action the future of both the NGD and Newport RFC is at best uncertain, along with the existence of Rodney Parade.
“There is still a lot of hard work to be completed before the proposed transaction proceeds, but it is important to recognise that there will be no magic wand.  
“We have put together the very best package we can for rugby in Gwent, but there is clearly still work to be done and there is an ongoing process of due diligence to be followed in order to achieve the best outcome for Welsh Rugby.  
“Initially we will focus on consolidating a high performance environment for the players and on ensuring high quality coaching.
“We know that we can only deliver on our ambitions if the communities of the region are engaged and get behind the team, but we believe that the solid foundations and sustainable future we will provide will be central to that happening.
“We will also focus on ensuring that the required pitch and facility improvements are addressed.
“Above all we want to safeguard the future of regional rugby in the area and, in turn, support the 73 clubs in the region and their stakeholders.
“A WRU working party will be engaged as soon possible, to consider all of the issues raised and to provide a clear way forward in the long term.” 

The financial challenges faced by NGD have been well publicised and the WRU’s stated position – contained in its published ‘Strategy for Welsh Rugby’ - is to ensure it facilitates four sustainable and successful regions in Wales.
“Our vision for the future of rugby in Gwent is to deepen relationships with clubs throughout the region and to provide a clear plan for on-field success,” continued Phillips.
“We have an immediate opportunity to utilise WRU resources and expertise to firmly establish a successful professional regional side here.
“We are not where we want to be with NGD, but it is inconceivable to us that professional rugby in that area could be lost and so we have committed to doing everything possible to ensure its future success.”

Detailed plans for the future of the region are being prepared and supporters, together with anyone with an interest in the sustainable future of rugby in the region, will have the opportunity to be involved as these plans progress.
“NGD supporters have been through a lot since the arrival of regional rugby, but today should be seen as a hugely positive step forward,” added WRU chairman Gareth Davies.
“We have committed to safeguard the future of the game in the region and we will be doing everything in our control to not only provide continued stability for players, supporters, employees and everyone with an interest in the game in the region, but we will also be looking for rugby to thrive at Rodney Parade.
“We want Gwent to have a regional team to be proud of, a team which becomes synonymous with success both on and off the pitch for the good of the whole game in Wales and we will be utilising all of the resources and the expertise we have available to make sure that happens.
“This is a hugely positive move not just for the region, the clubs and supporters in the catchment area, but also for the regional game in general and for the whole of Welsh Rugby.
“Today we have announced plans for a new beginning for rugby in Gwent and we do so with a huge amount of excitement, optimism and ambition.”

NGD chief executive Stuart Davies said: “This is a significant step forwards for us, and having explored all options the WRU proposal is an extremely welcome and exciting one for regional rugby in Gwent.
“We began work just under two years ago to establish the Newport Gwent Dragons as an independent entity capable of attracting fresh investment. Separation from Newport RFC was an important step in achieving that, but the proposal also seeks to protect their interests and the continued playing of rugby at Rodney Parade.
“There is further hard work ahead, but this could be a historic moment for Newport Gwent Dragons supporters.”

Professional Rugby Wales chief executive Mark Davies added: “We all believe the continuity of professional rugby in Gwent is critical for Welsh Rugby in the long-term and fully understand the urgency of the current situation at the Dragons.
“We therefore welcome a practical solution that will provide and support that continuity with immediate effect in an increasingly competitive and fast-paced professional game.”

Editors' notes:

RODNEY PARADE

Rodney Parade is one of the most important sporting sites in the UK. It became the home of Newport RFC in 1877 when the club secured the use of land at Rodney Parade from Lord Tredegar for their cricket, tennis, rugby and athletics teams. The freehold of the 15.5 acre site was purchased for just over £7,000 in 1922.
 
RUGBY INTERNATIONALS
 
Wales played their first home rugby international at Swansea's St Helen's ground and the second at Rodney Parade v Scotland in 1884. Wales played six games, the last being against France in 1912.
 
OTHER SPORTS
 
In 1892, a Newport and District XXII played a game against W.G.Grace's All England XI. Monmouthshire County Cricket Club played on the old cricket ground (now the school behind the rugby ground) between 1901-34. Monmouthshire then merged with Glamorgan and Glamorgan played county cricket matches at the venue.
 
The Welsh Tennis Championships were first staged at the venue in 1897 and in 1906 the final round of the preliminary competition for the international championship Davis Cup competition between the USA and Australasia.
There was also an important pre-Wimbledon event staged there for many years that saw some of the world's best players turn out in the fifties and sixties.
 
Welsh Hockey internationals were staged at the venue, as were Welsh Athletics and Welsh Cycling championships. Welsh Bowls championships and Welsh Gymnastics internationals have also been staged there.
 
CAPPED NGD PLAYERS (see list)
 
Since the formation of Newport Gwent Dragons in 2003, the region has fielded 49 Welsh internationals.
 
Of those 49 capped players 16 won their first caps whilst playing for the region, including current internationals Hallam Amos, Tyler Morgan (both on National Dual Contracts) Taulupe Faletau, Dan Lydiate and, capped this autumn, Cory Hill.
 
Of the rest of NGD’s Welsh internationals 21 players featured for the region, but earned their caps since leaving or before arriving.  
 
Three Wales captains have played for the region, one-time most capped forward Colin Charvis (94) and 2005 Grand Slam captain Michael Owen, in addition to the 60-times capped Lydiate.
 
WELSH INTERNATIONAL NGD PLAYERS:
 
BOLD (16) = first capped whilst playing for NGD; * (21) = not capped whilst at NGD
 

NAME

CAPS

NAME

CAPS

Hallam Amos

11

Scott Morgan*

1

Chris Anthony

17

Tyler Morgan

3

Aled Brew

9

Rhys Oakley

2

Nathan Brew

1

Michael Owen

41

Jon Bryant*

1

Richard Parks*

4

Lloyd Burns

7

Andy Powell*

23

Lee Byrne*

46

Tom Prydie

5

Luke Charteris

74

Richie Rees*

9

Colin Charvis

94

Jamie Ringer*

2

Andrew Coombs

10

Tal Selley*

1

Gareth Cooper

46

Robert Sidoli

42

Dan Evans*

2

Robin Sowden-Taylor*

8

Taulupe Faletau

66

Ceri Sweeney

35

Jason Forster

1

Gavin Thomas

24

Ian Gough

64

Rhys M. Thomas

7

Will Harries

3

T.Rhys Thomas*

27

Byron Hayward*

2

Adam Warren*

1

Cory Hill

5

Matthew Watkins*

18

Lee Jarvis*

1

Andy Williams*

5

Adam Jones*

2

Gareth Wyatt*

2

Matt Jones*

1

Paul Young

1

Steve Jones

5

Kevin Morgan

48

Tavis Knoyle*

11

 

 

Hal Luscombe

16

 

 

Dan Lydiate

60

 

 

Andy Marinos

8

 

 

Craig Mitchell*

15

 

 

 



Edited by reesytheexile - 22 March 2017 at 2:35pm
"I'd rather have been a judge than a miner.Being a miner,as soon as you are too old and tired and sick and stupid to do the job properly,you have to go.The very opposite applies with judges!"P.Cook
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Scarlet O'Hara View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Scarlet O'Hara Quote  Post ReplyReply Direct Link To This Post Posted: 22 March 2017 at 3:38pm
Apparently the news was tweeted by the WRU with a pic showing a kid wearing... a scarlets away jersey.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote roy munster Quote  Post ReplyReply Direct Link To This Post Posted: 22 March 2017 at 4:36pm
The empire strikes backShocked
ROYMOND MUNTER MBE (FOR SERVICES TO THE COMBOVER)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gate12 Quote  Post ReplyReply Direct Link To This Post Posted: 22 March 2017 at 5:23pm
Pretty sure charvis wasn't first capped when he was at the dragons.

Edited by Gate12 - 22 March 2017 at 5:27pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote LLANDRE Quote  Post ReplyReply Direct Link To This Post Posted: 22 March 2017 at 7:46pm
Charvis was first capped whilst playing for Swansea.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dafen Boy Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 1:00pm
It would be ironic if the shareholders reject the deal. We need to be at the WRU table asking for our share
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wil Chips Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 2:07pm
I don't wish any hardship on those employed by NGD, but this move for an outright takeover has no merit or logic, and in particular it weakens the body that controls a large slab of our income streams.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote reesytheexile Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 3:02pm
How will it work with the independent PRGW regional group with 1 region owned by the funder of them all? It's steeped in bias risk.WRU need to be pretty open on funding with the 3 other regions on spending. 
"I'd rather have been a judge than a miner.Being a miner,as soon as you are too old and tired and sick and stupid to do the job properly,you have to go.The very opposite applies with judges!"P.Cook
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Wil Chips Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 4:25pm
Ultimately the WRU is mandate is to its members. I'm surprised the constitution doesn't requires an EGM to allow the WRU to take on what is nothing other than a liability.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Why Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 5:53pm
They should not be touching them with barge pole
She asks why i still can't answer. I guess its in the blood.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote John Quote  Post ReplyReply Direct Link To This Post Posted: 25 March 2017 at 7:10pm
Originally posted by Wil Chips Wil Chips wrote:

Ultimately the WRU is mandate is to its members. I'm surprised the constitution doesn't requires an EGM to allow the WRU to take on what is nothing other than a liability.


There may well be a cover-all clause in their constitution about protecting the rugby structure in Wales from failure/contraction whatever. Under which they could justify alot of activities.

But they are walking a tightrope here in terms of conflict of interest and in the longer term, beyond next season for example, I don't see how the model of them owning one team which is competing against others is not going to lead to large problems. There is absolutely no mention for instance of some form of arms-length element of management whereby a local management team do the detail and the WRU are kept at a distance. Rather. the press release implies the opposite with WRU employees operating in Gwent under direct instructions from HQ. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Speedy Quote  Post ReplyReply Direct Link To This Post Posted: 14 April 2017 at 8:44am
If this happens then their funding and status should be down graded to development region. Do they still take equal funding to that of a welsh European cup representative?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote dantheman Quote  Post ReplyReply Direct Link To This Post Posted: 20 April 2017 at 9:19pm
A few interesting snippets from a Q & A with Blues boss Richard Holland last night.

The most relevant was that under the terms of the participation agreement whatever finance is offered to the Dragons under the terms of the buyout also has to be provided to the other regions. Hopefully that means we get a bit of a windfall.

The other thing is that Zebre are in real financial difficulty. It wouldn't surprise me if they didn't enter the league next year, they don't seem to have renewed any contracts or signed new players.

We should try to take Van Schwalkwyk and Mbanda off their hands :)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Dafen Boy Quote  Post ReplyReply Direct Link To This Post Posted: 21 April 2017 at 4:55am
A 10 team league would be an improvement.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote greypower1 Quote  Post ReplyReply Direct Link To This Post Posted: 21 April 2017 at 8:36am
Why, that means two less home matches. Even longer to wait before games, people loose interest and go elsewhere for something to do.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote totallybiasedscarlet Quote  Post ReplyReply Direct Link To This Post Posted: 21 April 2017 at 8:45am
Originally posted by Dafen Boy Dafen Boy wrote:

A 10 team league would be an improvement.


In what way do you think? It would mean a reduction in gate receipts.
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