Accept cash deal or lose out!

By Dai
March 28 2003

We understand that David Moffett has warned clubs that he must have a decision from them on the funding issue for next season or risk losing out. For full story read on...

 Moffett Ultimatum

Accept cash deal OR lose out!

   It is understood that in a letter from David Moffett to Premier Clubs, he has given them a deadline of the end of the day to come back to him on a decision whether or not to accept the funding he has proposed for five teams next season.

   We believe that Moffett has proposed to the clubs that the funding for next season will be set at £7.5 million, which is less than what certain clubs are demanding. However, he has warned clubs that if they don't accept the £7.5 million for next season then they will be stuck at 9 clubs and will have to survive on just over £4 million, the sum that the Union agreed to give the clubs in the loyalty agreement set up a few years ago.

   A meeting will take place today between the clubs and they will have to decide whether or not they are going to accept the cash. If they choose to accept it then the five team plan will hopefully be put into action but if they reject the offer, or they fail to get back to Moffett with a decision, then he will allocate just over £4 million to the clubs for next season which will effectively see an end to Welsh rugby.