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Cardiff Rugby to change hands as new owners confirmed

Cardiff v Bath – Investec Champions Cup – Cardiff Arms Park

Cardiff Rugby has officially announced a significant shift in its ownership structure, with contracts exchanged to bring Helford Capital Limited on board as the majority shareholder.

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This move, initiated by British businessmen Phil Kempe and Neal Griffith, marks a new chapter for the club, following the acquisition of shares from the Thomas family and other key stakeholders.

The club is set to convene a General Meeting to ratify this transaction, promising shareholders a detailed strategic plan under the new ownership. Helford Capital’s takeover symbolizes not just a change in leadership but a renewed commitment to catapult Cardiff Rugby back into the limelight of European competitive rugby, while preserving its storied history and tradition.

This transition has received the green light from both the Welsh Rugby Union and Cardiff Athletic Club, the latter retaining a minority stake in the club. Additionally, rugby legend Sir Gareth Edwards has been invited to serve as the Honorary President, an offer he has accepted, further cementing the club’s dedication to its roots.

Alun Jones, Cardiff Rugby’s chair, acknowledged the critical juncture this represents for the club. “After the loss of our president and benefactor Peter Thomas, we sought partners who shared our passion and vision. We’re thrilled that Helford Capital, led by Phil Kempe and Neal Griffith, will be ushering in this new era,” said Jones. He also paid tribute to Peter Thomas and his family for their enduring support.

The new ownership, spearheaded by Kempe and Griffith, aims to build on Peter Thomas’s legacy. Their immediate focus will be on stabilizing the club and laying a strong foundation for future triumphs. Emphasizing the development of local talent, the strategy involves substantial investment in resources and facilities, particularly in the academy and pathway systems. They claim the approach will create a world-class professional environment, blending Welsh talent with international prowess.

The statement reads: “Phil Kempe is a proud Welshman with an association stretching more than a decade with the club and is fully aware of the Welsh rugby landscape and the unique structure of Cardiff Rugby. He has a range of successful business interests across multiple industries in the UK, Canada and the Middle East.

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“Meanwhile Neal Griffith, who also has Welsh roots, is a former investment banker with numerous global business interests as both an investor and director.”

Their substantial business ties in the United Arab Emirates are anticipated to benefit Cardiff Rugby significantly. Craig Davies, representing the Thomas family, expressed confidence in the new leadership. “We trust Phil and Neal to honor Peter’s legacy. Their plans for the club assure us that Cardiff Rugby’s future is bright,” said Davies.

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J
JW 1 hour ago
Does South Africa have a future in European competition?

I rated Lowe well enough to be an AB. Remember we were picking the likes of George Bridge above such players so theres no disputing a lot of bad decisions have been made by those last two coaches. Does a team like the ABs need a finicky winger who you have to adapt and change a lot of your style with to get benefit from? No, not really. But he still would have been a basic improvement on players like even Savea at the tail of his career, Bridge, and could even have converted into the answer of replacing Beauden at the back. Instead we persisted with NMS, Naholo, Havili, Reece, all players we would have cared even less about losing and all because Rieko had Lowe's number 11 jersey nailed down.


He was of course only 23 when he decided to leave, it was back in the beggining of the period they had started retaining players (from 2018 onwards I think, they came out saying theyre going to be more aggressive at some point). So he might, all of them, only just missed out.


The main point that Ed made is that situations like Lowe's, Aki's, JGP's, aren't going to happen in future. That's a bit of a "NZ" only problem, because those players need to reach such a high standard to be chosen by the All Blacks, were as a country like Ireland wants them a lot earlier like that. This is basically the 'ready in 3 years' concept Ireland relied on, versus the '5 years and they've left' concept' were that player is now ready to be chosen by the All Blacks (given a contract to play Super, ala SBW, and hopefully Manu).


The 'mercenary' thing that will take longer to expire, and which I was referring to, is the grandparents rule. The new kids coming through now aren't going to have as many gp born overseas, so the amount of players that can leave with a prospect of International rugby offer are going to drop dramatically at some point. All these kiwi fellas playing for a PI, is going to stop sadly.


The new era problem that will replace those old concerns is now French and Japanese clubs (doing the same as NRL teams have done for decades by) picking kids out of school. The problem here is not so much a national identity one, than it is a farm system where 9 in 10 players are left with nothing. A stunted education and no support in a foreign country (well they'll get kicked out of those countries were they don't in Australia).


It's the same sort of situation were NZ would be the big guy, but there weren't many downsides with it. The only one I can think was brought up but a poster on this site, I can't recall who it was, but he seemed to know a lot of kids coming from the Islands weren't really given the capability to fly back home during school xms holidays etc. That is probably something that should be fixed by the union. Otherwise getting someone like Fakatava over here for his last year of school definitely results in NZ being able to pick the cherries off the top but it also allows that player to develop and be able to represent Tonga and under age and possibly even later in his career. Where as a kid being taken from NZ is arguably going to be worse off in every respect other than perhaps money. Not going to develop as a person, not going to develop as a player as much, so I have a lotof sympathy for NZs case that I don't include them in that group but I certainly see where you're coming from and it encourages other countries to think they can do the same while not realising they're making a much worse experience/situation.

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