The board discussed and confirmed Cardiff Rugby’s statement regarding

Dai Young’s Rugby Summary:

• 22/23 block three review – 6 victories, 5 defeats, qualified for latter stages of

  European Cup for second consecutive season, training overview and data

• Implications of the on-going WRU and PRB funding negotiations on future squad

  recruitment/retention and staffing

  The previous minutes were approved and actions discussed.

Richard Holland’s Executive Summary:

• Latest WRU/PRB funding proposal discussion

• Impact of the current contract embargo [due to the above] on rugby department and

  thanks to all of those affected for their patience, understanding and professionalism

• Pentwyn and CAP updates

• Staffing update

Owen Davies’ Finance Summary:

• Current cashflow position

• Still awaiting discussions between WRU and PRB to conclude to establish Cardiff

  Rugby’s cash position and budgets moving forward

• Additional Round 16 home game (European Cup)

Rhys Blumberg’s COO’s Summary:

• New notable commercial agreements

• Marquee hospitality continues to grow

• Increased customer feedback, now match by match as well as seasonal

• Two Circles Members Survey

• Home Christmas derbies were an operational and ticketing success

• Counter Terrorism Conference

• Upcoming events at CAP

Nadine Griffiths’ Foundation Summary:

• Mini and Junior clubs invited to play their matches at CAP ahead of home Newcastle

  match – over 600 attendees

• First ever children’s VI rugby event is being held at CAP in February – over 50

  children due to attend

• Commercial, grants and fundraising update

• Delivery and engagement overview

Supporters’ Advisor:

• Communication feedback from supporters – agreed to producing quarterly CEO

• Supporter Advisor KPIs Review: January – December 2022