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| Monday, 21 October, 2002, 13:24 GMT 14:24 UK WRU set for World Cup boost ![]() Welsh rugby is struggling both on and off the pitch The Rugby Football Union has announced that Wales will be awarded 20% of England's profits, should they win the right to host the 2007 Rugby World Cup. The move will help to placate Welsh Rugby Union chiefs, who had been privately lobbying for Cardiff's Millennium Stadium to be utilised as a key venue in the RFU's bid. But at Twickenham on Monday, the RFU made it clear that, should England be awarded the tournament, it will instead utilise the country's major football venues, such as Old Trafford.
The WRU is behind on its monthly payments to Premiership clubs, some of whom are reportedly owed more than �200,000. It currently owes Barclays Bank nearly �60m and remains overdrawn to the tune of �5m. Announcing England's 2007 bid on Monday, RFU chief executive Francis Baron, said: "There is a reciprocal agreement which requires the RFU or any home union to pay to Wales 20% of net profits generated. "That arrangement will be honoured in full." But Baron insisted that England would not consider sharing games with other home unions. "Our aim is to be sole hosts of the event," said Baron. "A solo approach clarifies responsibility, accountability and ensures smoother management and logistics, as South Africa proved so effectively in 1995. "That does not mean no fellow home unions will be involved. They will each be invited to appoint a representative and their input will be recognised with a significat financial contribution." |
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