Rugby World Cup 2023 for sale after pandemic costs sport £1billion with CEO exploring private equity opportunities
“We need to invest more… to make the game safer, more accessible. And more fun,” said the Executive Director of World Rugby. World Rugby’s newly appointed chief executive Alan Gilpin believes the “huge drop in revenues”. The coronavirus pandemic has cost the sport £1bn over the past year. But the “damage” has done to the game at the local level. The fans can buy Rugby World Cup tickets 2023 from our website at discount prices.
And amid this dire financial outlook, Gilpin said World Rugby “… opportunities’ means private equity funds. Or sovereign wealth funds that acquire shares in the Rugby World Cup or the organization itself.
“We need to invest more… to make the game safer, more accessible, and more fun. As we enter a new era, of course, we look at every opportunity. And that also includes the possibility to work with third parties.”
Rugby World Cup investors
CVC Capital Partners has recently been the most active rugby investor buying shares in the Six Nations. Premiership and Pro14, while Silver Lake has been negotiating with the New Zealand Rugby Union. Even a minority share of the Men’s and Women’s Rugby World Cup, sevens. And other world rugby events would probably valued at hundreds of millions of pounds. Hence For New Zealand Rugby World Cup tickets visit our website.
Meanwhile, Gilpin and his World Rugby colleagues Sir Bill Beaumont. And Bernard Laporte – chairman and vice-chairman – made optimistic noises about the future of the British & Irish Lions, while suggesting the tour team had asked to approach traditional destination companies.
The Lions’ need to operate for at least five weeks becomes a more hot potato every four years. And on Wednesday there was no bulletproof certainty about a place in the global program after the 2023 World Cup. But Gilpin promised the Lions a new, direct place in the calendar negotiations. However Fans can buy Football World Cup tickets 2023 from our website.
“As we move on to the next phase – 2025, 2029. And beyond – we can think more innovatively about what the Lions can. And can be for the sport,” Gilpin said. “I’m sure they’ll be at the table.”
Laporte, the Frenchman who is likely to be the next Chairman of World Rugby after Beaumont, was particularly enthusiastic. “Of course I support lions – it’s a tradition, it’s a legend,” Laporte said. “I had the opportunity to meet thousands and thousands of supporters … in Australia [in 2013]. For me, I impressed with the Lions. Yes, we need it, the legend must live on. France is not there, so I can say it very objectively, but frankly, it is extraordinary to look at it.”
The pernicious influence of Covid-19 took over the spotlight from Beaumont. Who beat Agustin Pichot around this time last year, but the wheels of power kept turning.
Next month’s election will an indicator of World Rugby’s declared coincidence for greater diversity. With the vacancy on the powerful executive committee challenged by Cristina Flores Justic of North America. Ada Milby – from the Philippines and representing Asia – and Jonathan Webb. The former England defender put forward by the Rugby Football Union.
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