Ospreys are currently preparing to play at the revamped St Helen’s ground in Swansea which they hope will be ready for the United Rugby Championship (URC) fixture against Dragons on 24 October.
“There is real momentum around the club,” said Ospreys director Roger Blyth.
“St Helen’s is taking shape, supporters have backed us in significant numbers, we have strengthened the playing squad and there is growing confidence across the business.
“The last year has tested everyone connected with the Ospreys, but the response from our supporters, players, staff and partners has been exceptional and galvanised the organisation, establishing stronger foundations for our future.”
Ospreys say the funding is back by Swansea Council’s £5.1m investment and a further £2.5m from owners Y11 Sports & Media, whose negotiations with the WRU to buy Cardiff fell through in April.
Ospreys now say they are backed by continued investment from the ownership group and head into the new campaign with a strengthened squad and “one of the most significant stadium redevelopments in Welsh rugby under way”.
Foundations for the new 3G playing surface now laid and work is continuing across the wider site.
The Ospreys say phased redevelopment will include a new South Stand, a redeveloped West Stand and terrace, a designated fan zone, hospitality facilities and significant improvements for players, staff and supporters.
“Following one of the most challenging periods in the club’s history, both on and off the field, the commitment shown by supporters, players, staff, sponsors, partners and the wider community has helped the Ospreys move forward and establish stronger foundations for the future,” said Blyth.
“There is still a great deal of work ahead, but we are excited about where the Ospreys are going and determined to build a successful and sustainable future.”
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