Dragons chairman Andrew Lancaster said Watsford was a natural fit for the role.
“The board is very pleased to welcome Tim as our new CEO,” Lancaster said. “His deep understanding of rugby league, combined with his experience in major event development, commercial growth, and fan engagement, makes him a perfect fit for our club.
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“Tim has a proven ability to drive innovation, foster high-performance environments and build meaningful connections between clubs, fans, and the wider community.
“Being CEO of the Dragons comes with clear accountability, and Tim has embraced the expectations we have set for success.”
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