The Welsh Rugby Union has confirmed Dragons RFC and Cardiff Rugby have signed up to the new Professional Rugby Agreement (PRA25).
Funding arrangements and other conditions and requirements set out in PRA25 are well documented, with increased and fixed funding of up to £6.5m (over the current funding model which provides £4.5m) one of the headline advantages, beginning next season.
The WRU will now focus on delivering its improved operational performance supported by a refinancing of its current debt obligations in order to meet its commitment to PRA25.
“I’m absolutely delighted to confirm the new PRA25 is now agreed for Cardiff Rugby and Dragons RFC,” said WRU CEO Abi Tierney.
“The PRA25 will provide a stable platform to enable sustained success on the field for Cardiff and Dragons and will significantly support the overall progress of the professional game in Wales.
"Dragons RFC have joined Cardiff Rugby in signing the PRA25 agreement, demonstrating their commitment to the long-term future of Welsh professional rugby through to 2029. The WRU welcomes their decisiveness at a crucial moment."
Dragons RFC have joined Cardiff Rugby in signing the PRA25 agreement, demonstrating their commitment to the long-term future of Welsh professional rugby through to 2029. The WRU welcomes their decisiveness at a crucial moment...
