WRU To Take Control Of Dragons

The Welsh Rugby Union (WRU) has 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 a 'heads of terms' agreement. This option has been forecast for some time as the WRU - already a 50% shareholder of the region's professional set-up - has been working closely with the NGD board to help find external investment. The proposed transaction includes the purchase of the nine-acre Rodney Parade site in its entirety - for a price which has been mutually agreed (but not …