Six Nations confirms the completion of £365 million deal

Six Nations Rugby, the official organising body of the Six Nations Championships and Autumn Internationals, has confirmed the completion of a long-term strategic partnership with CVC Fund VII, subject to customary regulatory approvals.

In a statement confirming the deal the Six Nations said that 'the objective of the partnership is to invest to grow and develop the game; to further enhance the sporting spectacle of all the tournaments, the teams and the brands; and to build the data, technology, and broader commercial capabilities to support these ambitious plans.'

The deal with CVC also comes off the back of the newly centralised ownership and operational activities for the Men’s, Women’s & Under-20s Six Nations Championships, alongside the Autumn International series.

'These steps will ensure continued development of these prestigious tournaments for the benefit of existing fans, and to attract a new more diverse and global fan base, which will support the wider rugby community, including the players, clubs, and unions, to achieve their full potential over the long-term.' the statement read.

The statement confirmed that under the terms of the agreement the six unions will retain sole responsibility for all sporting matters as well as majority control of commercial decisions. 

The CVC Fund VII investment into Six Nations Rugby will be paid to the six unions over a period of five years, reflecting the long-term nature of the partnership. This capital investment, combined with the expected growth of the tournaments, will help the unions to support the development of rugby at all levels in their respective territories over the years ahead.

Under the terms CVC Fund VII will invest up to £365 million for a 1/7th share in Six Nations Rugby, working alongside the rugby unions of England, France, Ireland, Italy, Scotland & Wales, which will together retain a 6/7th share