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.
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.
