CVC keep the faith.
Posted by: Yorkie (IP Logged)
Date: 22 May, 2020 15:10

120m invested for 28% share of PRO14.

4 Unions to share the cash equally.



http://www.jakehowlett.com/tuckshop/wrappers/chocolate/plain/yorkie-nutter.jpg

Re: CVC keep the faith.
Posted by: Rich W (IP Logged)
Date: 22 May, 2020 15:31

Never to be seen again...



...

Re: CVC keep the faith.
Posted by: SK 88 (IP Logged)
Date: 22 May, 2020 17:17

The brave new world of private equity certainly seems pretty much the same so far doesn't it?

I really hope their plan is to co-ordinate TV schedules to avoid clashes, rather than merge the competitions and kill off our league.

Re: CVC keep the faith.
Posted by: Yorkie (IP Logged)
Date: 22 May, 2020 20:23

Certainly for the Prem, it is a share of the marketing income that CVC have bought and it is a similar thing they're discussing with the Six Nations. Not sure with PRO14.

Merging the competitions is something which hadn't occurred to me tbh. Not sure how that would work and surely there'd be a clash with EPR?

One thing is for sure, CVC are investing to make money, they are opportunists and who knows what our sport will look like after this Virus thing is sorted.



http://www.jakehowlett.com/tuckshop/wrappers/chocolate/plain/yorkie-nutter.jpg

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