The only WRU club in the whole ide world is Cardif

Divide and conquer. It’s like Roger Lewis is back at the Welsh rugby towers!

Wasp wrote:

Blade wrote:

Divide and conquer. It’s like Roger Lewis is back at the Welsh rugby towers!

He has been

The architect of its downfall feels the need to put the boot in more, it would seem.

In a world where you can be anything – Be Kind.

So am I understanding this correctly.

Cardiff go bust, so the WRU decide to: a) bail them out and then ask the other three regions benefactors for more money b) spend more money on Cardiff than the others, c) create a situation where Cardiff are bidding for (and therefore increasing the wages of) players from the other three regions and d) initiate some very ropey governance in which the Chair of the PRB owns one of the entities which form it.

I have no issues with keeping Cardiff afloat but it should be with the necessary cost cutting initiated so the other three who have received millions from benefactors over the years don't face a reduction in their funding.

The WRU don't seem to understand the basics of moral hazard, in the context of Cardiff. A 'wont fail' attitude to their existence will not attract the quality of benefactors which they ultimately want to take it from their hands. A benefactor could quite easily do another Helford Capital with absolutely no consequence for them or they entity they invest in.

Any heard anything regarding the new agreement that needs to be signed by midnight tonight?

[QUOTE=SA14]They’d save any region in the same

😂😂😂😂😂😂

She asks why i still can't answer. I guess its in the blood.

[QUOT

=SA14]They’d save any region in the same predicament. [/QUOTE]

You really don't help yourself 😭

They were asked whether they'd do the same for the other teams.

And their answer was they'd treat each case on it's own merits.

The fawning over the capital was completely OTT.

dantheman wrote:

So am I understanding this correctly.

Cardiff go bust, so the WRU decide to: a) bail them out and then ask the other three regions benefactors for more money b) spend more money on Cardiff than the others, c) create a situation where Cardiff are bidding for (and therefore increasing the wages of) players from the other three regions and d) initiate some very ropey governance in which the Chair of the PRB owns one of the entities which form it.

I have no issues with keeping Cardiff afloat but it should be with the necessary cost cutting initiated so the other three who have received millions from benefactors over the years don't face a reduction in their funding.

The WRU don't seem to understand the basics of moral hazard, in the context of Cardiff. A 'wont fail' attitude to their existence will not attract the quality of benefactors which they ultimately want to take it from their hands. A benefactor could quite easily do another Helford Capital with absolutely no consequence for them or they entity they invest in.

On the face of it, this seems pretty disgraceful from the WRU.

“You cannot reason a man out of what he never reasoned himself into.” (Jonathan Swift)