Ospreys Statement On Court Ruling Victory

The Ospreys are delighted by today's High Court ruling which re-affirms Mike Cuddy's position as a director of the Ospreys.

The Ospreys are delighted by today's High Court ruling which re-affirms Mike Cuddy's position as a director of the Ospreys as well as 50% owner of Neath RFC and confirms what the Ospreys never doubted, namely that Mr Cuddy has been acting properly in the interests of the Ospreys. The Ospreys welcome the Court's acknowledgement that going forward the parties should pursue the Ospreys' previous offer to expand the Ospreys Board to four, allowing for an additional representative to join Roger Blyth on behalf of Swansea RFC and an additional representative to join Mike Cuddy on behalf of Neath RFC.It is anticipated that both Swansea and Neath will nominate their respective additional director in the coming weeks; providing an enhanced ability for Swansea and Neath to make direct representations at Board level on the positive challenges ahead facing the Region. Day-to-day executive management of the Ospreys will remain with the Ospreys' joint managing directors, Roger Blyth and Mike Cuddy. Roger Blyth said today "€œThis has been a highly distracting few months for the Ospreys spent supporting Mr Cuddy in seeing off a legal challenge to his right to be an Ospreys director. Although the case should never have been brought, the ultimate result is likely to be a strengthening of the Ospreys' corporate foundations and governance, underpinned by the backing of a High Court ruling and we trust that everyone will now put this affair behind them and focus on continuing the development of and strengthening of the game of rugby football in the region which the Ospreys are proud to represent."€