17 Apr TAKEOVER COMPLETE AS RAVENS ENTER EXCITING ERA UNDER MEMBERS CONTROL
At an open meeting held in January, members of Clwb Rygbi Penybont ar Ogwr voted in favour of the purchase of Bridgend Ravens Rugby Club Ltd. We are pleased to confirm that the agreement has now been completed and that Bridgend Ravens is now officially a members club.
The takeover marks the dawn of an exciting era for Bridgend Ravens, with the club again set to play in the Indigo Premiership; Wales’ top semi professional division next campaign. The resolution of the agreement allows the club to press on with ambitious plans for next season with the aim firmly on finishing well away from the relegation space.
The conclusion of the takeover has allowed us to press on with positive on-field developments. The Coaching Team, led by Steve Jones, has continued the recruitment process with a significant majority of last season’s squad committing to the cause for next year. This strong core will be bolstered by the addition of players of proven Premiership quality, with the squad continuing to be supplemented by the best of the local partner club talent available.
With the club now in control of its members, there will be a need for more members to come forward to assist with the running of the club. Full information will be made public on the roles and responsibilities that we need assistance with as the restructuring of the club continues.
After the agreement was signed, Chairman Norman Spain commented; ‘I am delighted that the agreements have been signed and that the destiny of our club now lies in the hands of Bridgend Ravens Club Members. We have been busy behind the scenes putting in place a strong foundation which starts with next season, but we are under no illusions that it will be a challenging period and we will be seeking the assistance of members in helping us make sure that Bridgend Ravens grows from strength to strength.’
Following the conclusion of the agreement, Clwb Rygbi Penybont ar Ogwr Company Director Hopkin Joseph provided the following update; ‘At the Open Meeting held in January, Members agreed to proceed with the purchase of Bridgend Ravens Rugby Club Ltd, but I gave an undertaking that two additional Members would join as subscribing members before any legal commitment was made.
I am extremely pleased to advise that in early March, John Dalton and Peter Wood agreed to serve in these roles. There has been an administrative error at Companies House which has held up their registration on the register of Clwb Rygbi Pen y Bont ar Ogwr. This is mainly due to the current climate and difficulties in relation to the Covid 19 outbreak, but we expect that this will be resolved imminently.
Bridgend Ravens is now owned by the members. One question at the Open Meeting that was perhaps not fully answered is what are the disadvantages; they are that the future of the Club is fully in the hands of the Members with a responsibility on every Member to play a part in some way to ensure the club’s success, but that too is the advantage. It is an exciting time for the future of the Club.’
At the conclusion of the agreement, Rob Davies, Chairman of Ospreys Rugby said; ‘In accordance with a decision made by the PRB of the WRU that no region should own a Premiership club, the Ospreys are pleased that we have reached agreement with Clwb Rygbi Penybont ar Ogwr Ltd, a members club of nearly 600 members, to acquire Bridgend Ravens.
‘Bridgend Ravens has a long history of producing players for the national team and has correctly been regarded as a ‘hotbed’ of Welsh rugby. During our stewardship of Bridgend Ravens, we have been proud to have continued this long standing tradition.
We are confident that the future of Bridgend Ravens will be in good hands and look forward to working closely with the club to ensure that Bridgend Ravens maintains its eminent position in Welsh rugby.’