The Welsh regions will receive their delayed European Cup payments if broadcasters Sky and BT can agree a deal to televise the tournament next season, BBC Wales understands.
Payments have been delayed because of uncertainty over the future of European Rugby Cup, the company which runs the current European tournament.
A £660,000 loan to cover the shortfall was approved by the Welsh Rugby Union.
All parties are optimistic that a TV agreement is close to being agreed.
A proposal is being considered for the Six Nations Committee to take over the running of a European Cup competition next season, which will replace the current Heineken Cup and second tier Amlin Challenge Cup.
Senior figures at the WRU and Welsh regions have told BBC Wales that if a broadcast deal can be reached, then the money would follow in due course.