<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=2aoJwp_0w6KJ2yG00" alt="https://img.particlenews.com/image.php?url=2aoJwp_0w6KJ2yG00" width="1968" height="1107" ><figcaption>Dragons were taken out of WRU ownership in 2023 [Credit: Huw Evans Picture Agency] </figcaption></figure> Dragons are keen on a deal with the Welsh Rugby Union (WRU) that they believe would secure the immediate financial future of regional rugby. The Newport-based team is the first of the four Welsh regions to publicly comment on the ongoing talks with the governing body. It follows reports that the WRU is ready to wipe out a significant proportion of the debts being carried by Cardiff, Dragons, Ospreys and Scarlets in return for a 20% stake in each. <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate> That deal is also said to include handing Wales head coach Warren Gatland a greater say over access to players than currently exists. Dragons chief executive Rhys Blumberg <a href="https://www.bbc.co.uk/sounds/play/p0jxmr9h?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> told the Scrum V podcast: </a> "Talks are very positive from our perspective and we're keen to get a deal done." <ul><li><a href="https://www.bbc.co.uk/sport/rugby-union/articles/cy783ym008ko?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> Key lessons, stats and memories from Welsh URC weekend </a></li><li><a href="https://www.bbc.co.uk/sounds/play/p0j6nc1l?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> Scrum V: The WRU's plan for the future </a></li><li><a href="https://www.bbc.co.uk/sport/rugby-union/articles/cg3mg7r1yl2o?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> WRU explains finances behind its ambitious plans </a></li></ul> He added: "We are keen to move forward with a deal which sees us having more money and gives us an opportunity to be more competitive with the rest of the league. "There's a lot to happen over the next few months and hopefully we will get an agreement that gives us a solid footing to progress in terms of budget over the coming years." <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate> The Welsh government provided an £18m loan to the WRU in 2022, which it passed on to the four professional sides. But on her first day in the job in January, WRU chief executive Abi Tierney <a href="https://www.bbc.co.uk/sport/rugby-union/67916734?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> received a letter from the Joint Supporters Group (JSG) Cymru </a> urging the governing body to ease that financial pressure on the clubs. Now the WRU could respond by taking on the remaining balance of that Welsh government debt, believed to be about £14m. But that would almost certainly come at a price which is likely to take the shape of handing over part ownership of the regions and potentially control of when, where and how often players play. <h2> 'Number of proposals' </h2> Scarlets executive chairman Simon Muderack <a href="https://www.bbc.co.uk/sport/rugby-union/articles/cd05yk9kr3zo?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> said in August </a> he expects "big positive steps forward" this year in the relationship between the WRU and Wales' four professional sides. <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate> Now Blumberg said talks are progressing to overcome the difficulties of finding a deal that suits all parties. "It's not as straightforward as throwing out one deal that suits everybody," he said. "There are a number of proposals, but it's challenging because you have four different ownership groups with four different objectives. "But the WRU executive board that has taken control are a huge step forward from where they were. They've really tried to make it work, trying to get us more money and make us all more sustainable." Blumberg's comments come just 16 months after a consortium led by David Buttress completed a <a href="https://www.bbc.co.uk/sport/rugby-union/66046856?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> takeover deal </a> to take the Dragons out of WRU ownership. In June 2024, the WRU outlined its <a href="https://www.bbc.co.uk/sport/rugby-union/articles/cekk9mk543lo?xtor=AL-72-%5Bpartner%5D-%5Bnewsbreak.com%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D" rel="nofollow"> five-year plan </a> to rebuild the national sport. <nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate> It estimates a £1.45m gap in funding per year, per regional team over that period, equating to a shortfall of £29m. The regions saw their budgets further trimmed to £4.5m this season, but Blumberg said he remained hopeful they would rise next year. The WRU is due to outline the exact details of that plan next month. </div></body>

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Dragons back WRU deal to cut all regions' debts

Dragons are the first to break the silence over the on-going talks between the four regions and Welsh Rugby Union.

Dragons back WRU deal to cut all regions' debts

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