By SAM JACKSON

The Welsh Rugby Union recorded a profit of £3.2m for the year ending June 2022, with a turnover of £94.3m – the second largest in its history.
The figures were included in the WRU annual general report which covers the period to 30 June 2022.
Net bank debt has fallen from £22.9m to £13.9m while net debt has been lowered from £114.4m to £110.8m. The profit recorded is compared to the smaller figure of £400,000 last year. The governing body say it is a result of the first instalment of private equity from CVC partners for the WRU’s 11 per cent stake in the Six Nations.
That to...