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Troubled Scarlets seek WRU help | Troubled Scarlets seek WRU help |
(about 2 hours later) | |
Llanelli Scarlets chairman Huw Evans says the troubled region has asked the Welsh Rugby Union for financial help. | Llanelli Scarlets chairman Huw Evans says the troubled region has asked the Welsh Rugby Union for financial help. |
A delay in the Scarlets' planned new stadium, which would see current home Stradey Park sold off for housing, has seen the region warn it could go bust. | A delay in the Scarlets' planned new stadium, which would see current home Stradey Park sold off for housing, has seen the region warn it could go bust. |
"The WRU are very anxious to support us, but they have their own procedures and processes to go through," he said. | "The WRU are very anxious to support us, but they have their own procedures and processes to go through," he said. |
WRU chairman David Pickering confirmed the Union is considering a loan package to allow the Scarlets to stay afloat. | WRU chairman David Pickering confirmed the Union is considering a loan package to allow the Scarlets to stay afloat. |
"We are looking at proposals they have given us - providing them with financial assistance is a possibility," Pickering said. | "We are looking at proposals they have given us - providing them with financial assistance is a possibility," Pickering said. |
"Whatever we do would have to be open and transparent... and we would need to have guarantees about anything we lend. | "Whatever we do would have to be open and transparent... and we would need to have guarantees about anything we lend. |
We are working 15 hours a day on finding other investors Llanelli Scarlets chairman Huw Evans | We are working 15 hours a day on finding other investors Llanelli Scarlets chairman Huw Evans |
"We have driven our debt down from £70m to £39m and we are not about to put ourselves back in the mire. | "We have driven our debt down from £70m to £39m and we are not about to put ourselves back in the mire. |
"But we will do whatever we can to help the Scarlets survive. They are vitally important to Welsh rugby." | "But we will do whatever we can to help the Scarlets survive. They are vitally important to Welsh rugby." |
The Scarlets want to build 450 houses on the Stradey Park site, as part of plans for a new 15,000-seater stadium at Pemberton. | The Scarlets want to build 450 houses on the Stradey Park site, as part of plans for a new 15,000-seater stadium at Pemberton. |
But the Stradey application was called in by the Welsh Assembly Government in July, just before it was due to go before Carmarthenshire County Council's planning committee. | But the Stradey application was called in by the Welsh Assembly Government in July, just before it was due to go before Carmarthenshire County Council's planning committee. |
The regional side estimates the decision to call in the application will cost them £2m and has threatened legal action. | |
Evans, who is the Scarlets' long-term benefactor, says they are leaving no stone unturned to find a contingency plan to ease the region through its current problems. | Evans, who is the Scarlets' long-term benefactor, says they are leaving no stone unturned to find a contingency plan to ease the region through its current problems. |
"We are working 15 hours a day on finding other investors to bridge the gap that we now face," Evans told BBC Wales Sport. | "We are working 15 hours a day on finding other investors to bridge the gap that we now face," Evans told BBC Wales Sport. |
"There are four or five things we are looking at and we are pushing them all as hard as we can. | "There are four or five things we are looking at and we are pushing them all as hard as we can. |
"We would go out of business, it's as straightforward as that." |
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