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English Premiership to be bought by Venture Capitalists

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English Premiership to be bought by Venture Capitalists

Postby jservuk » Wed, 05 Sep 2018, 22:25

Despite the sometimes high horse holier than thou mutterings of many RU fans about the sports purity of values steeped in its amateur past, I always felt that given the traditional strong links with the English public schools' Old Boys Network that RU would show the rest the way to mnake serious money.

This and similar stories are in the newspapers in the UK today:

https://www.independent.co.uk/sport/rug ... 24681.html

In summary - Venture Capital firm CVC wants to buy a controlling interest in the English Premiership. This could become a battle for the soul of club Rugby in England. Still, it's a sign of the rude health of the game here.

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Re: English Premiership to be bought by Venture Capitalists

Postby Armchair Fan » Wed, 05 Sep 2018, 23:06

Anybody following F1 knows this is bad news for the game. They only look for short-term profit.

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Re: English Premiership to be bought by Venture Capitalists

Postby Thomas » Thu, 06 Sep 2018, 08:42

there are mixed reports in the morning press, some say they want 51% others 50% but they are awaiting for the Premiership clubs to publish their annual reports. I just google CVC and they own F1 for the last 10 years.

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Re: English Premiership to be bought by Venture Capitalists

Postby Armchair Fan » Thu, 06 Sep 2018, 09:07

They owned. Sold it last year and new owners have lost plenty of money just trying to regain ground due to their lack of investment.

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Re: English Premiership to be bought by Venture Capitalists

Postby victorsra » Wed, 12 Sep 2018, 17:50

Brazilian Rugby News: www.portaldorugby.com.br

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Re: English Premiership to be bought by Venture Capitalists

Postby 4N » Tue, 08 Jan 2019, 21:23

They say they’re taking games to China. :?

https://www.dailymail.co.uk/sport/rugby ... r-NFL.html

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Re: English Premiership to be bought by Venture Capitalists

Postby iul » Tue, 08 Jan 2019, 22:23

If the US, where rugby has a notable presence, didn't work, China "surely" will.

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Re: English Premiership to be bought by Venture Capitalists

Postby TheStroBro » Wed, 09 Jan 2019, 01:02

iul wrote:If the US, where rugby has a notable presence, didn't work, China "surely" will.

Not sure how it "didn't" work. There have only been two. We're not talking a decade of trying.

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