MS Chairman David Pickering brought in fellow MS board member Lord Faulkner of Worcester, a former deputy chairman of the Football Trust, to help broker the new deal and his expertise played a key role in ensuring the two parties resolved their differences to enable the FIFA 2006 World Cup qualifier between John Toshack's Welsh side and England to go ahead as planned on 3 September.
"Richard's wealth of football and negotiating experience not only enabled us to resolve our contractual row regarding costs for recent FAW games staged at the Millennium Stadium, but also allowed both sides to further cement their relationship with a revised deal that removes any potential areas of dispute for the remainder of our partnership," said Pickering.
"Richard, Alan Hamer, the WRU Group Finance and Administration Manager, and I met with the FAW General Secretary Dave Collins and his Management Board to conclude the matters and both parties are pleased with the outcome.
"It means we both have a better relationship moving forward, the stadium can expect a cheque within seven days and football fans can look forward to coming to the Millennium Stadium on 3 September to watch Wales play England on Welsh soil for the first time in 21 years.
"All sides now have the security they were seeking and, speaking on behalf of the Millennium Stadium, I am delighted that one of our most important tenants has confirmed its commitment to use our world class facilities on a long term basis."
Under the terms of the new contract, the Millennium Stadium will receive a minimum guarantee from the FAW for hosting each fixture. In return, the Millennium Stadium will provide sales expertise to help the FAW maximise ticket and hospitality revenue.
Welsh players and management joined Deputy Minister for Sport Ken Skates at the Pierhead Building, Cardiff Bay earlier this week to reveal the Union's pioneering school-club hub initiative has been so successful the project will now almost double the scale of the original project.
The Scarlets, Newport Gwent Dragons, Cardiff Blues and the Ospreys look ahead to Judgement Day III which sees the Blues take on the Ospreys (2.30) and the Dragons tackle the Scarlets (4.45pm) at the Millennium Stadium tomorrow afternoon.
Ystradgynlais and Ynysddu played out a titanic struggle at Taffs Well in the SSE SWALEC Bowl semi-final. At the end of the game neither team could be separated after a 15-15 stalemate but Ystradgynlais go through on try count.
Blues strike first in JD III battle - Newport Gwent Dragons lock Andrew Coombs, WRU referee Dylan Llyr Jones and Cardiff Blues hooker Matthew Rees decide dressing room allocations for Judgement Day III
Wales Under 18 captain Calum Haggett has received a conditional offer to read Biomedical Science at St Anne's College, Oxford. WRU chairman Gareth Davies went to meet Calum and Coleg y Cymoedd Principal Judith Evans to wish him luck in his exams and pass on some of his personal experience.
Dodgy tattoos, carthorses, Avatar and soft chins are revealed by Wales Sevens players Tom Williams and Sam Cross as they profile the Wales Sevens squad taking part in Hong Kong this weekend in the latest round of the HSBC Sevens World Series.