unions: Talks had been going on for a year, but the Pro14, the shareholders of which are all unions, was first approached 12 months before, according to The Guardian. The Pro14 suspended the talks last year as it negotiated a television agreement with Premier Sports, but when CVC's interest in the Premiership became public, it rekindled the interest of some of the unions. CVC's Premiership bid may have been rejected but it could signal change The Breakdown Read more Premiership Rugby last week rejected a takeover bid by the equity firm CVC, believing its 500m offer undervalued the league and not willing to concede control. Wales, Scotland and South Africa are open to the idea of outside investment, while not being prepared to concede control. What the companies are looking for is not control of the tournament, but of its commercial rights, a Pro14 source said. Ireland still have to be convinced.
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Tagged under unions, interest topics.