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Rugby Paper CVC

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Paul10 View Drop Down
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    Posted: 25 Feb 2024 at 20:39
CVC lawyer's have been in touch with The Rugby Paper.

Some telling corrections.

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Richard Lowther View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Richard Lowther Quote  Post ReplyReply Direct Link To This Post Posted: 26 Feb 2024 at 10:14
It begs the question why the Six Nations could not have done all this without the CVC investment and retained the 1/7th share and been in even more money going forward? 
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Paul10 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Paul10 Quote  Post ReplyReply Direct Link To This Post Posted: 26 Feb 2024 at 11:42
CVC will make money on this. I guess the 6 nations are planning they'll make more money on CVC's coat tails.

I worked in F1 during most of CVC's ownership. They were generally a silent partner getting the maximum bang for their buck.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote WEvans Quote  Post ReplyReply Direct Link To This Post Posted: 26 Feb 2024 at 11:57
It seems CVC also have expensive lawyers!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 26 Feb 2024 at 12:15
F1 had Bernie making good use of CVC's money.
Rugby seems to be using it to pay off debt, as opposed to invest.
But, obviously, I am not privy to precise details. I could be as wrong as the original article.
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SK 88 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SK 88 Quote  Post ReplyReply Direct Link To This Post Posted: 26 Feb 2024 at 13:30
Not going to lie, when I opened my brother's copy before the England A game & saw the massive half page retraction article I cracked a big smile.

Hopefully they will try to be a touch more accurate with their "old man shouts at clouds" articles in future. 
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