WRU bails out regions with £660k loan
February 18, 2014
The Welsh Rugby Union has lent the four regions a total of £660,000 to help cover the deficit left by the block on Heineken Cup payments.
European Rugby Cup Ltd (ERC) - the body in charge of the Heineken Cup - previously said it was not releasing any participation payments until its next meeting which is believed to be on Wednesday.
The Aviva Premiership clubs are reportedly owed £1.57m and the WRU has given the regions an interest-free loan to help their cash flow.
© ESPN Sports Media Ltd
Communication error please reload the page.
Arsenal striker Lukas Podolski says he is considering leaving the club in January because of a lack of playing time
A typhoon over the Pacific Ocean has the potential to turn Sunday's grand prix into a washout if its path continues towards Japan on Sunday
Bath have handed a start to Gavin Henson ahead of Friday night's Aviva Premiership game at the Recreation Ground
Vincent Kompany has leapt to the defence of team-mate Yaya Toure after the midfielder was criticised for his performances in Manchester City's Champions League campaign so far
Nico Rosberg says he has an "inner trust" that Mercedes is going to overcome the reliability problems that saw him lose the championship lead in Singapore
Nicole Cooke's autobiography is an inspirational tale of her struggle to reach the peak of cycling, even against those who should have been on her side, writes Simon Barnes
Who are the top 10 All Blacks by match appearances?
Hugh Godwin talks to France Sevens coach Frederic Pomarel about the controversial Olympics loophole that could lead to Steffon Armitage playing for Les Bleus
Sunday Times cricket correspondent Simon Wilde talks about his book on KP and reflects on the batsman's controversial career
ESPN looks ahead to the Japanese Grand Prix as Lewis Hamilton and Nico Rosberg look to renew hostilities on a circuit famous for its championship-defining moments
The outside-the-ring sparring between Floyd Mayweather Jr and Manny Pacquiao reached a crescendo on Monday with Pacquiao citing Bible verse while saying he was unaffected by the pound-for-pound king's barbs
Manchester United legends Paul Scholes and Rio Ferdinand have offered less than complimentary views on Manchester City supporters after another disappointing night for Manuel Pellegrini's side in the Champions League
Rangers failed to book a spot in the Scottish League Cup semi-finals on Wednesday, losing 3-0 to Inverness at Ibrox
Diego Costa says he does not want to get caught up in a 'club v country war' but appears to be defying Chelsea manager Jose Mourinho by declaring himself fit for Spain
Arsenal players have sustained 889 injuries since August 2002, according to a report by PhysioRoom.com
Eddie Chambers tells Inside Boxing why he thinks Tyson Fury can beat Dereck Chisora, Wladimir Klitschko and then go on to dominate the heavyweight division
Arsene Wenger celebrates his 18th anniversary of taking charge at Arsenal on Wednesday. With that, here are 18 reasons as to how Wenger has revolutionised, changed and improved both Arsenal and English football
The Newcastle manager is just the latest anti-hero in a cycle of hiring and firing that keeps the football public - and its reporters - enthralled, writes Simon Barnes
Arsenal face a crunch game against Galatasaray with a crippling amount of injuries but the most staggering thing is that this problem has been recurring for such a long time, writes Miguel Delaney
What is Paul di Resta doing with his time, now that he is out of Formula One?