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Rugby Paper CVC |
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Paul10 
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Joined: 24 Mar 2023 Location: Milton Keynes Status: Offline Points: 539 |
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 Topic: Rugby Paper CVCPosted: 25 Feb 2024 at 20:39 |
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CVC lawyer's have been in touch with The Rugby Paper.
Some telling corrections. |
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Richard Lowther
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Moderator Joined: 19 May 2007 Location: England Status: Offline Points: 6528 |
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Posted: 26 Feb 2024 at 10:14 |
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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
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Joined: 24 Mar 2023 Location: Milton Keynes Status: Offline Points: 539 |
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Posted: 26 Feb 2024 at 11:42 |
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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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WEvans
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Joined: 08 Dec 2016 Location: London Status: Online Points: 1368 |
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Posted: 26 Feb 2024 at 11:57 |
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It seems CVC also have expensive lawyers!
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Camquin
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Posted: 26 Feb 2024 at 12:15 |
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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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Sweeney Delenda Est
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SK 88
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Joined: 08 Sep 2011 Location: Leicester Status: Offline Points: 574 |
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Posted: 26 Feb 2024 at 13:30 |
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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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