The original loan of £660,000 from the WRU was due to be repaid on 31 March 2014 but the term will now be extended by the WRU.
The decision to extend the loan has been ratified by the full WRU Board and the Regions were informed in writing last night (THURSDAY).
WRU Loan Update
The Welsh Rugby Union is extending its loan arrangement with the four Welsh Regions to help them with their cash flow as a result of ongoing discussions with the European Rugby Cup organisation.
