Here’s How Much The IRFU Stand To Make As Laporte Confirms Six Nations CVC Deal
Jason Hennessy
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Cash injection.
World Rugby vice-chairman and FFR president Bernard Laporte has confirmed in an interview with French publication Midi Olympique that investment firm CVC Capital Partners are set to purchase a stake in the Six Nations.
The firm have already purchases stakes in Premiership Rugby and the PRO14, with the IRFU set to pocket in excess of €30 million as a result of the latter with an initial sum of over €5 million expected to be paid this week.
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The Six Nations deal, however, is expected to be the biggest of the lot, with Midi reporting that it will be worth in excess of €450 million over five years for the six unions involved.
That means the IRFU stand to pocket an additional €75 million at a time where the union is struggling financially due to the ongoing crisis that has brought sport to a halt worldwide.
