Six Nations Rugby: CVC to invest up to £365m over five years for a 1/7^th stake

"Six Nations Rugby, the official organising body of the Six Nations Championships and Autumn Internationals, is pleased to announce that it has agreed a long-term strategic partnership with CVC Fund VII (belonging to CVC Captial Partners), subject to customary regulatory approvals," announced the body on 11/03/2021.

"Under the terms CVC Fund VII will invest up to £365m (€426m) for a 1/7^th share in Six Nations Rugby, working alongside the rugby unions of England, France, Ireland, Italy, Scotland & Wales, which will together retain a 6/7^th share. The CVC Fund VII investment into Six Nations Rugby will be paid to the six unions over a period of five years, reflecting the long-term nature of the partnership. Under the terms of the agreement the six unions will retain sole responsibility for all sporting matters as well as majority control of commercial decisions," explained the body.

The FFR board of directors, during an extraordinary assembly, noted the entry of CVC Capital Partners in the capital of Six Nations Rugby, on 16/01/2021. "As part of this partnership project, CVC…