CVC Capital Partners: the Luxembourg investment fund is active in all areas of sport

"Over the past year, Six Nations has been involved in exclusive negotiations with CVC Capital Partners (since 10/07/2019). These negotiations have been very constructive and forward thinking. Negotiations of this nature are complex. They can take significant time and at this point, are still ongoing. An agreement is not to be expected imminently and it would be inaccurate to present it as a formality," said Six Nations Rugby Ltd, the commercial company that holds the rights to the 6 Nations Tournament on 07/07/2020.

"We are talking about a capital gain of around 14.5% in a company created by the Six Nations Tournament committee in which commercial rights will be managed. The sum invested by CVC will be distributed among the six shareholder federations in proportion to the number of licensees in each country. In the first discussion, there was talk of €79m over five years. With the renegotiation, we will be closer to €75m," explained Bernard Laporte, president of the FFR to the French newspaper Midi Olympique on 06/07/2020.

In addition to this well-advanced marketing and commercial…