Case Study: CVC – Six Nations

The Challenge

To align the commercial interests of the six unions and create a stronger narrative across the international rugby calendar.

Oakwell's Role

Oakwell advised CVC across the whole of the transaction providing services encompassing financial advisory and commercial due diligence services.

Result

CVC Capital Partners Fund VII invested 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, who together retained a 6/7th share.

The CVC Fund VII investment into Six Nations Rugby will be paid to the six unions over five years, reflecting the long-term nature of the partnership.