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.
The last five years have been an emotional rollercoaster on and off the pitch for RGC1404. Promotion to the Principality Premiership was the culmination of five years of hard work and investment in North Wales. WRU TV caught up with prop Joe Simpson, who was one of the first intake of WRU North Wales Academy players in 2010.
Ebbw Vale captain Damien Hudd picked up the biggest accolade of the night at the 11th Principality Premiership Awards Evening held at Principality Stadium, after leading his side to the title for the first time.
Wales assistant coach Robin McBryde is predicting a tough battle against England on Sunday despite the fact they may not be considered to be at full strength. Players will be out to impress Eddie Jones which makes England a dangerous proposition, he says.
Wales U20 captain Tom Phillips and performance psychologist Dr Rich Neil explain why spending three days at Monmouth RFC has further strengthened the togetherness of the squad ahead of the #WorldRugbyU20s