X (Twitter) LinkedIn
    Sunday, December 3
    Login
    0 Shopping Cart
    X (Twitter) LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Private Equity Deals & Transactions»World Rugby CEO Gilpin confirms private equity talks
    Private Equity Deals & Transactions

    World Rugby CEO Gilpin confirms private equity talks

    July 31, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Tokyo , Japan - 22 June 2017; Alan Gilpin, Head of Rugby World Cup, speaks to the media at a briefing in Tokyo, Japan. (Photo By Brendan Moran/Sportsfile via Getty Images)
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    World Rugby chief executive Alan Gilpin has confirmed that the global governing body has opened talks with private equity firms about investing in the sport.

    Gilpin said that World Rugby is in discussions with groups such as CVC Capital Partners and KKR over a deal that could include a stake in the commercial rights for the Rugby World Cup. Any potential investment would be used to fund expansion efforts such as new women’s tournaments and television formats for sevens events outside of the Olympic Games.

    Talks remain in the early stages, according to the report, which added that World Rugby has hired bankers at Jefferies and Rothschild, as well as consultants at Oakwell Sports Advisory, to advise on the process.

    CVC has increasingly been growing its presence in rugby union with a series of investments in recent years.

    “In the sport of rugby, the World Cup, for both men and women, is the premium property, so would demand the highest possible valuation,” Gilpin said. “We’ve had good talks with potential investors in that regard.”

    Read more/Source: SportsPro Media

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    CVC Capital Partners Deals Transactions KKR peinsider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Warburg Pincus surpasses target to close $17bn private equity fund

    October 18, 2023

    Brookfield banks $12B for its largest PE fund

    October 18, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Recent Rule Changes Spark New Wave of Private Equity Ownership in Pro Sports

    November 29, 2022

    Comments are closed.

    Other Articles

    Neuberger Berman to launch ‘next gen’ SPAC platform following USD195bn fund close

    March 19, 2022

    Brookfield reinsurance unit to buy American National for $5.1 bln

    August 9, 2021

    Clearlake Capital’s stake in Chelsea FC to be reduced in restructured deal

    May 5, 2022

    Preqin appoints new CTO to ‘accelerate technology transformation’

    May 20, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    X (Twitter) LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?