WRU Statement: Update on Cardiff Rugby

The Welsh Rugby Union (WRU) today confirmed its intention to sell Cardiff Rugby to Y11 Sport & Media following a rigorous open bidding process.

The parties will now enter an exclusivity period to finalise the deal. The decision is subject to contract and would secure a new owner for Cardiff Rugby. It marks a significant milestone for Welsh rugby, ensuring long-term stability for the capital’s club under private ownership.

This follows a unanimous decision by the WRU Board held on 19 January 2026. The decision was based on the best financial future for Cardiff Rugby including access to identified funding and security of long-term investment. The Board also considered commitment to the Cardiff Rugby brand and heritage in its decision making criteria.

On completion of the deal, Y11 would become the new owners of Cardiff Rugby which would remain an independent club and brand playing in Cardiff Arms Park. Y11 would also continue as the owners of Ospreys as a separate club, and Ospreys will continue to play in the URC and EPCR competitions until at least the end of the 26/27 season.

Both parties now enter an exclusivity period of 60 days to complete detailed negotiations and due diligence. At the end of the exclusivity period the transaction would be confirmed and the final details communicated to all parties.

Our priority remains to support both teams, keeping everyone up to date with progress. The other bidder has now been informed of the Board’s decision and thanked for their interest and participation in the process.