Features

Wrong to sell the family silver

by
The Rugby Paper Team
11 June 2023

Francis Baron, former CEO of the RFU, is concerned with rugby's deal with private equity firm CVC

THE CVC ACQUISITION OF 14.3% OF THE SIX NATIONS
A FACT-BASED ANALYSIS BY FRANCIS BARON, FORMER RFU CHIEF EXECUTIVE
INTRODUCTION
1. The Six Nations is the most valuable and successful annual rugby tournament in the world. It is the major trading asset of the RFU and the other Home Unions. It is their ‘family silver’, so any equity-based sale must deliver significant additional financial benefits to those Unions in both the short and long term, which are over and above those that would be del...

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