Overview
- WRU leaders, who confirmed the collapse on Wednesday, said Cardiff will stay under union control for now after Y11 Sport & Media withdrew its bid.
- PRA25, the contract and funding framework that runs to 2030 with a WRU two-year notice clause, will be offered to Ospreys and Scarlets subject to due diligence.
- Chief executive Abi Tierney said the WRU still intends to reduce the four professional teams to three, with further detail expected in June.
- City A.M. reported that a Hollywood-backed group fronted by Cardiff director Martyn Ryan has engaged Rothschild to explore reviving a rival bid, which has not been confirmed by the WRU.
- Ospreys head coach Mark Jones called the news a lift for planning and morale, though key Wales internationals Jac Morgan and Dewi Lake had already chosen moves to Gloucester during the uncertainty.