£365m private investment seen as vital for game’s long-term development
THE Six Nations deal to sell a 14.3 per cent stake to private equity firm CVC Capital Partners has been hailed as a catalyst for growth in the game.
The five-year agreement with Six Nations Rugby Ltd, subject to regulatory approval and thought to be worth around £365 million, sees CVC increase its investment in rugby union after previous deals with the Gallagher Premiership and Guinness Pro14.
Organisers say the deal, which includes the autumn internationals, will generate investment in long-term projects to provide lasting benefits for the game.
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