The €425m CVC Six Nations contract: The key questions answered 

CVC’s share makes them an equal partner with each of the six nations, who retain a combined six-sevenths

CVC’s share makes them an equal partner with each of the six nations, who retain a combined six-sevenths

Six Nations Rugby has agreed a long-term strategic partnership with CVC Capital Partners, completing an agreement to sell a 14.3% stake to the private equity firm that will be worth up to £365m (€425m) to the member unions, subject to regulatory approval.

This deal follows the 27% stake taken by CVC in England’s Premiership Rugby Limited and it’s newly acquired 28% shareholding in Celtic Rugby, organisers of the Guinness PRO14, in which the IRFU is also a stakeholder and will receive up to €30m.