HomeNewsFinance & LawRugby UnionEurope

CVC ‘seeks Covid-19 clause’ as part of Six Nations investment

(Photo by Tom Jenkins/Getty Images)

Private equity firm CVC Capital Partners is reportedly seeking a clause in its investment deal with the Six Nations rugby union tournament that would allow it to withhold funding if Covid-19 causes disruption to next year’s event.

CVC has been in talks over acquiring a 14-per-cent stake in the Six Nations for £300m (€331m/$378m) but the move has been delayed because of the Covid-19 pandemic.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here

Related News

Rugby Union
Finance & Law

Ireland’s competition regulator has cleared CVC’s deal to invest in the Pro14 rugby competition, provided it alerts the competition authority if it goes onto acquire a stake in the Six Nations.
Rugby Union
Stadia

Bernard Laporte, president of the French Rugby Federation (FFR), has boldly asked for an exemption that would allow Paris’ Stade de France to welcome 55,000 fans for the rescheduled Six Nations match a…
Rugby Union
Events

The Hong Kong Rugby Union (HKRU) is in “advanced talks” with government officials about hosting arrangements for the World Rugby Sevens Series event set to take place at Hong Kong Stadium later this yea…
Rugby Union
Sponsorship & Marketing

Land Rover is thought to have doubled its investment in Rugby Australia when it signed as a major partner and ‘Official Vehicle of the Wallabies’, from 2022 to 2024, in May.
Premium