The Welsh Rugby Union and the four regions have agreed to take part in a financial review of professional rugby in Wales.
This plan has proved to be robust so far but in an ever-changing environment, we need to ensure we take the time to properly consider the right strategies for the future not just today
Following joint discussions between the Scarlets, Ospreys, Cardiff Blues and Newport Gwent Dragons the WRU over the past two months, both parties have agreed that a review will be undertaken by PwC, to be commissioned by the WRU.
WRU Group Chief Executive, Roger Lewis, said: "I have held a number of very constructive private meetings with representatives of the four Welsh regions which began in detail in November of this year.
"Over the course of our meetings we have discussed the many and varied challenges which face the professional game in Wales in this very demanding economic climate.
"Together we have agreed to explore what opportunities may exist between us to create greater sustainability for regional rugby based upon the review's findings.
"The Welsh Rugby Union's business model is centred upon a rolling five-year plan which guarantees support and investment into all levels of the game in Wales as well as the Millennium Stadium.
"This plan has proved to be robust so far but in an ever-changing environment, we need to ensure we take the time to properly consider the right strategies for the future not just today."
Chief Executive of Regional Rugby Wales, Stuart Gallacher, said: "It's another clear sign that both the Welsh Rugby Union and the regions intend to work as a team to ensure we fully understand the many and complex challenges involved in developing and improving our sport in a rapidly changing environment.
"The last few months, have clearly illustrated the success of our existing structures in nurturing and developing the wealth of talent that exists within rugby in Wales.
"We need to ensure we all work together to protect and further develop those structures and utilise all our collective resource to ensure Welsh rugby is healthy on every level."
* PricewaterhouseCoopers (PwC) is one of the UK's leading audit companies and auditors of the WRU
Whenever Bedlinog tackle Penallta a massive fixure is guaranteed but this Sunday there will be even more emphasis placed on the two rivals when they contest the SSE Swalec Plate final at Principality Stadium.
Ahead of their SSE SWALEC Bowl Final clash with Taffs Well at Principality Stadium on Sunday, Burry Port share their #FABXV nomination with WRUTV in the search for Welsh rugby's greatest volunteers. Everyone can get involved by sending nominations via twitter to @WRU_Community using the hashtag #FABXV
Cardiff Blues prop Gethin Jenkins and Ospreys centre Ben John look ahead to the first game at Principality Stadium in Saturday's double header which is promising to be a special occasion for all Welsh fans.
Carmarthen Quins Director of Rugby Ian Jones and committee member Jeff Thomas along with Llandovery chairman Handel Davies look ahead to Sunday's SSE SWALEC Cup showdown where both teams are out to prove 'West is best'
SWALEC ambassador Shane WIlliams is looking forward to Sunday's Finals Day where the Cup, Bowl and Plate offers a great opportunity for players and teams to experience the magic of playing at Principality Stadium
Carmarthen Quins coach Richard Kelly believes it is an exciting time to be part of the Scarlets region as his side take on local rivals Llandovery in the SSE Swalec Cup final on Sunday, as WRU TV's Graeme Gillespie discovers