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Who will be the next chief executive of the WRU? We look at potential candidates

Current chief executive Martyn Phillips will stand down later this year

The Wales rugby team celebrating last year's Grand Slam(Image: PA)

It's one of the highest profile jobs in Wales and there will no doubt be considerable interest in the race to become the next chief executive of the Welsh Rugby Union.

It comes after current incumbent Martyn Phillips recently announced he will stand down later this year after five years at the helm of what is the executive arm of a membership body for the game at all levels; from the national team and four professional regions down to the community game.

In the last financial year Mr Phillips was paid £351,000.

By the time his successor takes up their post later this year a deal with private equity firm CVC Capital Partners for a 27% share of commercial income in the cross-border Guinness Pro14 league in return for a £120m investment, should have been bedded in.

The WRU is expected to receive around £35m from the deal, which it could then invest into all levels of the game over a period of a time.

Perhaps the WRU could have raised the same amount, or more, in a securitisation deal on future income from the Principality Stadium without the need for giving up future commercial income, but it is hoped that with CVC also having an interest in the English Premiership, it could lead to a British Isle League, in which the four Welsh regions would not only play in, but be highly competitive.

But there will continue to be plenty of WRU commercial deals to be done outside of any joint workings with CVC, including potentially a lucrative fund raising when some of the best debenture seats in the Principality Stadium are redeemed by the union.

Although the WRU has struck deals with many debenture holders to extend redemption periods, as it stands it faces a £400,000 repayment bill in 2021 and £9m in 2024.

If interested she would be a strong contender, but if not the WRU should ensure she is on the selection panel.