Ebbw Vale rugby club will play in next season's Welsh Premiership after a contingency plan between the club and the Welsh Rugby Union was agreed on Monday.
Chief Executive Tony Dilloway spearheaded the proposals which will see up to a dozen redundancies at the club.
A handfull of squad players are expected to be released form their
contracts and all administrative staff will lose their jobs.
In fact, such is the financial plight of the club that Dilloway has put himself on the dole.
All social activities at the club will also be stopped following the business plan which came just in time to save the Premiership outfit.
The package to save the club takes the form of a three-part business plan
which relies heavily on the WRU supporting the club in terms of income.
Directors loans will also me made available to help keep the club afloat and finally major cuts in the clubs expenditure will be made.
For Dilloway their were mixed emotions after almost single-handedly saving the club he now finds himself out of a job.
"The situation is very unusual, but by letting myself go - along with other
members of staff - it will help secure the future of the club," said Dilloway.
"These type of measures were necessary to stop Ebbw Vale slipping further into debt to the point that we were trading illegally."
For owners Marcus and Paul Russell it might have been easier to walk away but the brothers believe that Ebbw Vale rugby club still has a huge part to play in the traditions of Welsh rugby.
"The valleys are very oppressed and the rugby team is perhaps the last source of pride for the people of Ebbw Vale," said Paul Russell.
"We've invested a lot of money but we still believe that the club can
continue producing fine rugby players and that we are a hot bed for Welsh
The Half a Game initiative is currently sweeping across Wales and proving a major success. The scheme aims to give every young player at least half a game every weekend. WRU TV recently visited a festival in Narberth where clubs have fully embraced the initiative.
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Cardiff managed to keep their unbeaten record at home intact, but only just as Bridgend made them work extremely hard before the Blue and Blacks secured a hard fought Principality Premiership win at the BT Sport Arms Park last night.
Former Wales back row Andy Powell gives a guided tour of The Wern, home of Merthyr RFC, who are determined to prove a lot of people wrong and make their mark in their first season in the Principality Premiership.
Wales Sevens head coach Gareth Williams looks back on the Rio Sevens success where he helped GB win silver. He believes the successful campaign is a huge boost to his Welsh squad as they prepare for another World Series, as WRU TV's Graeme Gillespie discovers
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Last week all roads led to Eugene Cross Park where defending champions Ebbw Vale hosted this season's launch of the Principality Premiership. WRU TV's Graeme Gillespie was there to capture the thoughts of Damien Hudd, captain of Ebbw Vale, and WRU Head of Performance, Geraint John.
Llandovery made it three in a row when they defeated Aberavon in the final of the National Foster's 7s at BT Sport Cardiff Arms Park on Sunday. On another eventful day of sevens, Newport claimed the Plate and the Dragons won the women's crown
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Wales Under 18 captain Callum Bradbury is delighted to have seen his side claim a narrow 18-17 victory against a strong SA Schools 'A' side to end the three-match Under 19 International Series in South Africa on a high note.
The Wales U18 squad spent an emotional day in the drug-riddled townnship of Hout Bay. Hout Bay Warriors President Fred Johannes said the visit was 'the talk of the town' and will dream about the day everyday for the rest of his life.
RGC 1404's new head coach Mark Jones is hoping to build 'something special' in north Wales and is already looking forward to the development region participating in the Principality Premiership for the very first time.