«Breaking News» English rugby union clubs reject £275m takeover of the Premiership

Premiership Rugby clubs unanimously agreed to reject an offer to sell the league to a private equity firm on Tuesday night.

A £275million takeover offer was on the table for a controlling 51 per cent share from CVC - the former owners of F1.

But the club owners met in London on Tuesday and decided against the idea.

Rugby union clubs have rejected a £275million takeover bid from private equity firm CVC

Premiership Rugby chairman Ian Ritchie said they will still look for outside investment, but would prefer to sell a minority stake.

'The good thing for us is clearly there's a great interest in a fantastic product,' he told the BBC.

'We're very interested to explore areas of investment to grow the game and the league even further.

Premiership Rugby chief Ian Ritchie has said work will be done to seek external investment

'But it's fair to say, the majority control is not the preferred option but we would look at a variety of investment opportunities.

'It is a matter of valuation and price, but if we can find someone who brings finance, or a strategic advantage, then we would look at that.'   

Link article

https://hienalouca.com/2018/09/11/english-rugby-union-clubs-reject-275m-takeover-of-the-premiership/
Main photo article Premiership Rugby clubs unanimously agreed to reject an offer to sell the league to a private equity firm on Tuesday night.
A £275million takeover offer was on the table for a controlling 51 per cent share from CVC – the former owners of F1.
But the club owners met in London on Tuesday and ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Sport HienaLouca





https://i.dailymail.co.uk/i/newpix/2018/09/11/17/500A23C600000578-0-image-a-1_1536682996072.jpg