The famous Pontypridd Rugby Club today (Thu 26 Sep) went into administration, citing debts approaching Â£700,000.
The 117-year-old club revealed the full extent of their crippling financial position on Monday following a crisis meeting of shareholders.
Pontypridd, who form half of the Celtic Warriors region, owe Â£675,000 to several creditors, including the Welsh Rugby Union and Inland Revenue,
Leighton Samuel, the millionaire benefactor for regional partners Bridgend, was refused permission by the WRU to clear the debt in return for full control of the Warriors.
Samuel's latest plan is to buy Pontypridd's share in the Warriors and gift it to the WRU, meaning the regional side would be owned on a 50-50 basis by Bridgend and Welsh rugby's governing body.
Swansea RFC went into voluntary administration in February amid rising debts, prompting several of the club's leading players to leave.
As the countdown continues for RWC2015, Tournament Chief Executive Debbie Jevans visited the Millennium Stadium to discuss preparations for the eight matches and reveal the positive news that 100,000 tickets for games at the home of Welsh rugby have sold in the last seven days.
Jason Harries is targeting a first win on the World Series circuit this season with Wales. The series returns to action this weekend in Dubai where Harries is part of a team hoping to build from its efforts in round one in October.
Wales skipper Jevon Groves says his side have addressed a few points from Gold Coast and aim to 'hit the ground running' in the next two rounds of the World Series, kicking off with this weekend in Dubai before heading off to South Africa next week.
Wales Sevens manager Steff Thomas is hopeful his side can build from a quarter-final spot in the opening round of the World Series in Australia when his side take part in the forthcoming double header in Dubai and South Africa.