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WRU responds to Llanelli Scarlets request
13 October 2006, 5:12 pm
By WRU
Following a meeting of the Board of Directors of the WRU on Thursday, 12 October, 2006, it was decided that on legal and financial grounds the WRU were unable to accede to a request from the Llanelli Scarlets for a financial loan...
The prospect of this outcome was communicated to the Scarlets prior to the Board meeting. Immediately after the meeting the decision was confirmed by telephone and in writing to the chairman and chief executive of the Scarlets, Huw Evans and Stuart Gallacher respectively.

"Following approaches from the Scarlets to the Union to secure a £2m loan the WRU Board formally considered the request at a meeting on Thursday night. It is with sadness that we were unable to meet with their request," said WRU chairman David Pickering.

"We will continue to monitor the situation and will endeavour to provide as much practical support as possible to the region to ensure they can continue to function effectively. It is vital for the good of Welsh rugby that we have four viable Regions who are competitive on the field and financially sound off it.

"We are highly sympathetic to the Scarlets plight."

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