CVC is set to acquire a minority stake in Premiership Rugby.

CVC Capital Partners is set to acquire a minority shareholding in Premier Rugby Limited, the commercial manager of Premiership Rugby, which is the top league in the English Rugby Union system. Financial terms were undisclosed. "We are delighted to have partnered with CVC, a company which has a very impressive track record of helping to grow sports businesses such as Premiership Rugby. Further developing the global appeal and following for the Gallagher Premiership through investment in the product and fan experience is one of the main priorities for the partnership.” Mark McCafferty, Premiership Rugby CEO.