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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
John 1 hour ago
Super Rugby draw heavily favours NZ sides but they can't win in Australia

Cheers for the comment HHT!


I think your point on unfair draw and mine, which in essence is about an unfair draw actually aid each other for a rather strong argument that the draw needs to be looked at.


I think this is a case of two things can be true at once.


I have chosen in around 1000 words to explore this particular issue with the draw I have identified.


Your point, with having the NZ teams playing each other twice on some occassions while others in Aus not is also not fair.


But with the way the table looks currently, would the NZ sides all be in the top six if the draw had been done more in line with my and your point?


For instance, 4 of the 6 Aus wins against NZ sides have come against the Highlanders, 3 in Aus, 1 in NZ.


The Landers have beaten the Blues and lost to the Canes by 2 points, those are their only two NZ games to date and they play the Chiefs this weekend. Their 3 games against the Aussie sides in Australia compared to the Blues 1 is a massive disadvantage because travel takes it’s toll.


Then looking at your example the Blues, they have the toughest season of any side by far but I would also argue that the limited travel is a massive help in preparation, recovery etc. But their draw must be looked at, any side would suffer with a draw like that.


Although I am not suggesting the Aus sides are better than the NZ sides overall, the current ledger and table set up suggests the rift is not as big currently as the underlying assertion to your argument suggests.


More will absolutley be revealed over the coming rounds as the strength of the two franchises.

9 Go to comments
J
JW 1 hour ago
'We offered him a three-year deal': Hurricanes priced out of U20 star

I see I’m not getting my point across.

If the plan from his family for him was to make more cash

Lets play along with you presumption these “shackles” existed then. Logically, as I’ve already tried to show, that makes no sense, but I’ll try to use it to show what I mean by saying/answering.. they would have got more cash by playing hard-to-get with the French clubs by returning to New Zealand and signing with the Hurricanes. Now you should see returning to NZ is not relevant to the discussion, it is also a euphemism, as he would already be (have returned) when he first decided to stay. His family would know that signing a development contract for the Hurricanes in no way legally affects his ability to take an offer in France.


Now, that wasn’t what I was saying happened, but if you can now follow that thread of logic, I’m saying its because this situation happened, signing for Toulon just months later, that you are wrong to think “returning to New Zealand” must mean he wasn’t “shackled”.


Actually, I’m not saying that he was “shackled”, the article is saying that. That is how you would read the words “His parents see that as the route they want their son to take, and we support that.” and “but it’s probably a slightly different package to what Toulon can offer” here, and I’m pretty sure in most English speaking places GD.


Of course without those statements I agree that it is very possible he’s grown, changed his mind from wanting to develop here with players and coaches he’s comfortable/friends with, to where he wants to take on the challenge of a rich and prestigious club like Toulon. A few months is perhaps enough time to people he trusts to open him up to that sort of environment even, but that’s simply not the message we go, is it? I also think you maybe have an over defense stance about thinking intrinsically or literally about money meaning he was thrown lots of dollars? It might be far from the case, but the monetary value of been given a home and jobs for the family, all the bells and whistles a wealthy club can provide etc is far removed from the mentality he’d currently be in of “cleaning the sheds” after a game. Even without real money just the life style they got given when there last would no doubt be enough to change the mind of some grown up living day to day off your own sustenance/plantation or like that they would have had.

11 Go to comments
J
JW 3 hours ago
Ex-All Black Richie Mo’unga teases return to ‘Test match setting’ in 2025

They didn’t really let him go though did they. He was gone, already signed to leave some 18 months earlier. Not much they could do.


Definitely a shame though, hence why I criticize the coaching for not unlocking that composure earlier. We would have seen he was definitely the player we need to take us through that WC, and the next, before the contract talks started. After, was too late. Conversely, if he had of continued to play the way he had been when he signed to go to Japan, I have no doubt Damien McKenzie would have been the player to lead us in 23’, and then we very likely would have won that Final. I’m not so sure Dmac would hve been good enough to get us past Ireland, Richie definitely deserves a lot of credit for simply getting us to the Final.


But that was all my message to HHT was. That class, or talent in this case, is permeant, and games like Ireland showed he did definitely had that. Obviously Richie’s got a large responsibility in realizing it sooner too, but in terms of not displaying it when it counts in 2019 or 2023, I reckon that’s on the coachs more than a lack of talent on his part, and it’s the same shame when it comes to your sentiment. If he was at the point were he could have saved out bacon against Ireland in 2022, it might not have been too late for NZR to have come in with a big contract offer. The bigger problem now is that Razor is only exasperating that problem with this new group. We now clearly know he was a big factor in Richie taking so long, because he’s replicating the same problems with the current batch. Thankfully NZR had no other option but to offer a big contract to secure Dmac this time though, regardless of how he must have felt after being treated like that.

8 Go to comments
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