The Last Post: Rugby raider faces a tricky conversion

The Last Post: Rugby raider faces a tricky conversion
Gareth Anscombe of Wales is tackled by Rob Kearney and Keith Earls of Ireland in the Six Nations earlier this yearPicture: Getty

CVC’s stake in the Six Nations may end the tournament’s free-to-air status

Private equity partners and managers are known for their soaring return on investment (ROI) numbers, but like anyone who holds capital in a low-yield world, they have to get that capital out the office doors and quickly into more productive hands. Capital sitting on the sidelines, known as ‘dry powder’ in the industry, needs to move even in a world of where everyone is getting easy money and asset prices are rising.

CVC’s deal to...

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