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Six Nations issues statement following weekend Laporte claim deal is done with CVC
By Online Editors
Six Nations have issued a statement following recent speculation surrounding the status of its negotiations with CVC Capital Partners. World Rugby vice-chairman Bernard Laporte had revealed last weekend that CVC would acquire a 14.5 per cent stake in the Six Nations tournament.
The former France head coach revealed the news publicly at an FFR AGM after the estimated £400,000million-plus buy-in had been delayed by the global coronavirus pandemic.
On foot of the Laporte revelation, Midi Olympique reported that France were set to bag at least €75m (£67.5m) over five years in a Six Nations deal that would come at the perfect time for cash-strapped unions who are forecast to lose millions due to pandemic lockdown.
RugbyPass reported last year that the CVC deal could see some Six Nations matches no longer broadcast on free-to-air television, a move that would inevitably cause controversy in the sport.
However, in light of the recent media headlines prompted by Laporte's claim, Six Nations officials have moved to claim that the process is nowhere near yet concluded for a buy-in deal by an investment company that already has shares in both the Gallagher Premiership and the Guinness PRO14.
The statement read: "Over the past year, Six Nations has been involved in exclusive negotiations with CVC Capital Partners. These negotiations have been very constructive and forward thinking.
"Negotiations of this nature are complex. They can take significant time and at this point, are still ongoing. An agreement is not to be expected imminently and it would be inaccurate to present it as a formality.
"There is no set timeline for completion of this process, and any agreement, if it were to go ahead, would not be accelerated due to any potential challenge presented by the current external environment."
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I think England obviously need to train alot more to fix their defense. Time together working to ensure each defender takes the right man is paramount or we're going to see the same amount of tries and losses. Then what? Sack the coach? What a joke that would be. The other fix is being accurate with your basics. England were sloppy to excess, dropped balls in the midfield. Charged down boxkicks, failed restarts. They need to carry out their basic skills accurately. This is a domestic club training responsibility. England should not be teaching their players catching skills. If the clubs are not spending time with skills training then the players need to step up and do it on their own time. There is no excuse for sloppy play at Test match level. They won't win squat if they don't aspire to be the best. Lastly we have the scrum which should be a strength of England but its flakey as. Okay its year one of the world cup cycle and you'd rather have these issues now that 2026 / 27 but we have alot to fix and we also have a media who won't give Borthwick the time he needs to fix them. That paragon of rugby Ugo Monye is already screaming for Borthwick's head. 14 caps and two tries and apparently he's the rugby media mesiah... ...This is where you say he's not the mesiah, he's a very naughty boy.
Go to commentsBen Smith your a biased against the Springboks -making it so obvious as a journalist makes you totally inadequate and not worthy of being taken seriously.
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