Newport Gwent Dragons to be taken over by Welsh Rugby Union

• Deal struck to prevent region from folding• WRU will buy Rodney Parade, where Dragons playThe Welsh Rugby Union will take over one of its four regions, Newport Gwent Dragons, in July to prevent it from folding after failing to secure outside investment. With Cardiff Blues struggling and the Scarlets reporting a loss of more than £1.5m this month, the private ownership model of the quartet – Ospreys are the other region – is set to change in the coming years.The move would involve the governing body buying Rodney Parade – the nine‑acre site on which the Dragons play, along with Newport RFC an…