The term of the previous Participation Agreement with the Welsh Rugby Union came to an end on Monday 30th June 2014.
Sadly, the Regions regret to confirm that despite an indescribably tortuous process of endless telephone calls and meetings since January 6th, the control, commercial and financial conditions that are being demanded of them under drafts of the proposed new Service Agreement would be completely unacceptable for any responsible independent business to enter into and expose itself to.
The Regions are most grateful for the time and consideration of Wales' National Head Coach, who has worked hard to reach a constructive and positive balance on the core Rugby elements of the agreement.
The public statements of the WRU Chairman referring to the need for urgency are welcomed, together with the positive position of individual WRU Board members following the Regions' presentation to the Board during May 2014.
Unfortunately, these comments in the public domain do not reflect the actual process that the Regions continue to experience, with every apparent step forward eventually being replaced by two steps back.
The Regions have consistently made every possible effort to reach a positive and progressive agreement that truly works in the interests of both parties, to ensure a sustainable and competitive professional game in Wales at both regional and international level. They remain totally committed to the hope of reaching that solution.
However, after many months of working hard to try to progress a new agreement, it is with heavy hearts that the Boards of all four Regions must now urgently consider the stark practical consequences of operating within a business model that does not include any form of agreement with the WRU outside IRB regulations and no WRU support or involvement in the development of Professional Regional Rugby.
Existing Season Ticket holders are advised that full details of all packages for the 2015/16 season have now been posted out to you and will arrive in the coming days - and that the deadline to renew your seat has now been extended!
Supporters are advised that Cardiff Blues will be holding a presentation on the field post match on Saturday afternoon to mark those players leaving the region, hand out caps and the end of season awards.
Cardiff Blues face Zebre in the last Guinness PRO12 game of the season at BT Sport Cardiff Arms Park this Saturday, (kick-off 3pm) - and the ladies of the region can meet players such as Cory Allen and Ellis Jenkins while enjoying a special day with the Blues!
First team stars Cory Allen, Ellis Jenkins, Adam Jones and Kristian Dacey were among the special guests as Cardiff Blues held the Sphere Solutions Blues Tag Rugby Festival at BT Sport Cardiff Arms Park.
The players at Cardiff Blues will be hoping to play with some true Gallic flair for the rest of the Guinness PRO12 season - after the region teamed up with a successful French bistrot in the Welsh capital.
Cardiff Blues will be celebrating St David's Day when the region faces Edinburgh Rugby at BT Sport Cardiff Arms Park on Sunday afternoon (kick-off 12.45pm) - with hundreds of children invited as part of our Regional Schools Day.