CVC Capital Partners look set to take a 14.5 per cent stake in the Six Nations in a move that could net the IRFU as much as €75m over the next five years. According to French rugby newspaper ‘Midi Olympique’, World Rugby vice-chairman and FFR president Bernard Laporte told the French union’s general assembly on Saturday that the investment is imminent. A Six Nations spokesperson said:“Discussions with CVC are ongoing. After three weeks of talks, negotiations remain at an impasse. Read MoreCVC’s investment in the PRO14 already netted the union €5.5m, the first tranche of a €33m sum it will receive over the next three years.

Source: Irish Independent July 05, 2020 20:37 UTC