• Premiership Rugby chief executive adamant game will not sell soul
• Other options include selling shares or borrowing from banks
Premiership rugby executives believe their league could be a billion pound business by 2025 if agreement can be reached this month to inject significant fresh capital into the club game. The owners will meet on Tuesday to debate a £275m offer from a private equity firm for a 51% stake in Premiership Rugby, with a final decision due “within weeks”.
Related: Premiership rugby clubs to discuss £275m takeover approach from CVC
Written by Robert Kitson
This news first appeared on https://www.theguardian.com/sport/2018/sep/06/premiership-clubs-cvc-275m-takeover under the title “Premiership clubs hope for billion pound league if takeover goes ahead”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
