WRU announces 15-year Compass deal 28/09/2009 |
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The Welsh Rugby Union (WRU) Group has announced a 15-year deal with caterer Compass Group UK & Ireland worth £100m.
The catering, hospitality and conferences services contract includes an extension to the original deal Compass signed when Cardiff's Millennium Stadium opened in 1999.
The new terms include the Millennium Stadium's acquisition of the kitchen and catering facilities installed by Compass at the stadium.
WRU Group group finance director Steve Phillips said: "A key component of the renegotiated terms means that WRU profits will rise on an event-by-event basis, thus encouraging Millennium Stadium and Compass to work closely together on attracting events, functions and conferences to the stadium."
(Source: citmagazine.com)
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