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Scarlets issue statement on behalf of their board
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The Scarlets have issued a statement on behalf of their board after the Welsh URC outfit confirmed ‘significant further investment’ in the side.
The news comes as the WRU and the Welsh Professional Rugby Board decide which of the regions is set to be axed as the four Welsh URC teams look set to become three.
The process is still ongoing and has been the subject of endless debate in recent months in Welsh rugby circles.
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The Llanelli-based side have confirmed that they has secured significant new investment from existing backers, strengthening the club’s long-term stability and future.
The board says the funding underlines confidence in the region’s rugby heritage, protects players, staff and supporters, and allows time to plan the next phase of professional rugby responsibly in west Wales.
The Scarlets statement reads: “The Scarlets Board can confirm that the club has secured significant further investment for the future stability of the club and region.
“The investment is an important vote of confidence in the Scarlets, in Llanelli, the enduring strength of our rugby heritage and in the future of professional rugby in the region and its links to sport, community and culture in west Wales.
“The club’s priority and focus continues to be about protecting its future, providing stability for players, staff, stakeholders and supporters, and creating the time needed to consider the next stage of professional rugby development in Wales properly and responsibly.
“The additional investment is provided from within our existing funding group who are committed to the future of the club and who deeply understand Scarlets rugby and its importance to Welsh rugby and west Wales.
“We would like to thank our supporters, staff, players, partners and the wider Scarlets community for their loyalty and patience during a difficult period. Their belief, loyalty and support of our club has never wavered. Neither has ours as the Scarlets Board.”
