WRU chairman David Pickering and WRU chief executive Steve Lewis took a presentation - known as the "Red Zone Roadshow" - around Wales to answer criticisms, but unrest has continued.

Pickering has also since apologised to the clubs over the Union's handling of the ticketing argument, and a replacement for Moffett as group chief executive is expected to be announced soon.

But Lewis was bullish on the financial position.

Big businesses are investing large sums in Welsh rugby because they like what they see WRU chief executive Steve Lewis

"Having got our debt under control we are poised to announce record profits across the group," said Lewis.

"It is therefore only right that a large proportion of that money should be ploughed back into the game we service.

"It is no secret that the Celtic League is hoping to announce a major sponsor for next season.

"By that time we will have agreed a new four-year accord with our Scottish and Irish counterparts that will provide the backbone of the competitive season for our regions.

"When that is confirmed it will mean that for the first time Welsh rugby will have a sponsor at every level.

"Big businesses are investing large sums in Welsh rugby because they like what they see.

"They have watched our game restructure itself from top to bottom and emerge leaner, meaner and more in tune with the requirements of clubs, players and spectators.

"We have built a solid platform from which we can now move forward to gain greater success."