The Rugby Football Union considered selling Twickenham and buying 50 per cent of Wembley Stadium, leaked documents have revealed. This radical move, part of a ‘leave’ option explored by the RFU, would have been an alternative to undergoing a £663 million redevelopment detailed in a 69-page blueprint entitled ‘Twickenham Stadium Masterplan Programme’ that has been seen by Telegraph Sport. Any loan of more than £150 million would need prior approval from the RFU Council. A statement from the RFU explained that the next year would be critical to organising the next steps. As per the RFU constitution, if borrowing of over £150m was needed, council members’ views and approval would be required.
Source: Stuff February 20, 2024 01:42 UTC