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Former Brains boss named new independent chair of Cardiff Rugby

Scott Wddington has taken up the role at the club which was acquired by the WRU out of administration in April

The home of Cardiff Rugby, Cardiff Arms Park.(Image: Huw Evans Picture Agency Ltd)

Cardiff Rugby which was acquired out of administration in April by the WRU, has appointed former chief executive of SA Brain & Co, Scott Waddington, as its independent chair.

More recently Swansea-born Mr Waddington was chair of Transport for Wales.

The former board of Cardiff Rugby put the business into administration following the failure of its owners, in Phil Kempe and Neal Griffith of Helford Capital, to plug trading losses as required under the club’s funding agreement with the WRU.

In what was a pre-pack deal, following the appointment of Rob Lewis and Ross Connock as joint administrators from PwC, the WRU took over the assets of the club, which saw players and staff transferred over to a new subsidiary company of the governing body.

The union is looking to sell the club back into private ownership, a process that has seen expressions of interest lodged by a number of potential bidders based both in the º£½ÇÊÓÆµ and overseas.

As part of any deal the union is looking for the £6m debt it had passed through to the former Arms Park club, from NatWest and Welsh Government loan, to be taken on by new owners.

However, whether there will be an appetite from potential acquirers to be saddled with a sizeable liability hangover from the former club, is yet to be seen.

The WRU will soon begin a consultation on the future of professional rugby in Wales, with its preferred option of reducing the current number of four clubs to just two.