Cardiff Athletic Club are set to offer Cardiff Blues Limited a three-year extension to the current lease agreement for Cardiff Arms Park.
The lease is set to expire early next year with negotiations having dragged on between the two parties for well over a decade despite both technically being on the same side of the table.
Landlords Cardiff Athletic Club (CAC), who are one of the major shareholders in Cardiff Blues Limited (CBL), have three seats on the board of the rugby business and operate Cardiff RFC on behalf of CBL, have negotiated with CBL, the Welsh Rugby Union and considered going it alone at the Arms Park.
CBL, meanwhile, have managed to consistently fall out with CAC due to unpaid rent and a chapter of the saga that saw Cardiff Blues set to be handed over to the WRU in a caretaking role.
In recent times both sides have taken on a more conciliatory tone, with new CBL chairman Alun Jones striking up a good working relationship with CAC who have been progressing with plans to refurbish the famous old ground.
With the COVID-19 pandemic preventing the CAC management committee from meeting, with virtual meetings seemingly out of the question, it is thought the short-term lease extension is required to allow a long-term agreement to be reached.
In the notes from the meeting between Cardiff Blues and the CF10 Arms Park Rugby Trust early last month, it is recorded that “it was believed that CAC had agreed to offer a 3 year extension to the lease but this was unconfirmed.”
If that offer is made and accepted then the Arms Park lease would expire in early 2025.