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Statement From The Ospreys Re: Neath Rfc

By - | 26/07/2007

The Ospreys have reviewed the statement issued on behalf of Neath RFC and remain at odds with its selective interpretation of this week's summary judgement.

STATEMENT FROM THE OSPREYS RE: NEATH RFC

Whilst the Ospreys remain deeply saddened by the continuing legal action which has, in effect, only just begun - we welcome the ultimate conclusion of this matter.

In particular, we are heartened by the views of Neath's independent court-appointed director Eric Evans, whose views mirror those of the summary judgement ruling that Mike Cuddy should remain in post as a board member of the Ospreys. Furthermore, we also welcome Mr Evans' appointment of Grant Thornton to review Neath's unaudited accounts, and provide an external and independent statement of their veracity as previously commented upon by former WRU chief executive David Moffett. Finally, and more importantly, the Ospreys are hugely grateful for Mr Evans' efforts in circulating a compromise agreement to bring a speedy and independently-minded solution to this distracting, costly and unnecessary episode.

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