Millennium Stadium Plc - Consent of Special Shareholder to Financial Arrangements
December 11, 2025 Deputy Section 151 Officer (Officer) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to grant consent, as the Special Shareholder of Millennium Stadium plc, and agree to a security agreement for a proposed refinancing by the Welsh Rugby Union Group.
Full council record
Content
Appendix A is exempt from publication on the basis
that it contains information of the description set out in
paragraph 14 of Part 4 of Schedule 12A of the Local Government Act
1972
AGREED:
that (as Special Shareholder of Millennium Stadium
plc) consent be granted and a security agreement be agreed, to a proposed refinancing by Welsh Rugby
Union Group (WRU) with new providers of loan and credit
facilities
Reasons for the decision
To discharge the
Council’s responsibilities as the Special Shareholder of
Millennium Stadium plc, and to enable the Company to secure revised
financial arrangements
Details
| Outcome | Recommendations Approved |
| Decision date | 11 Dec 2025 |
| Subject to call-in | Yes |