The English Premiership sold a stake to CVC recently. Seems they were involved in the deal to take Dibdibs private in 2003, extract short term profit, sell it on and leaving it a potential wreck (as if there isn’t a big enough challenge competing with online vendors). Here’s a link to an old article in the Independent:
https://www.independent.co.uk/news/busi ... 31726.html
Hope they don’t sell off rugby grounds then the clubs have to lease them back.
What went wrong at Debenhams and what it might mean for the Premiership
Moderators: Tigerbeat, Rizzo, Tigers Press Office, Tigers Webmaster
-
Not a jock
- Bronze Member
- Posts: 358
- Joined: Sat Mar 13, 2004 5:45 pm
- Location: Somerset
-
RagingBull
- Super User
- Posts: 13364
- Joined: Sun Nov 03, 2013 12:54 pm
Re: What went wrong at Debenhams and what it might mean for the Premiership
The grounds are owed by private entities. Not CVC...
Re: What went wrong at Debenhams and what it might mean for the Premiership
Wasn't F1 a success story?
"Rugby isn't a contact sport,ballroom dancing is a contact sport. Rugby is a collision sport" Heyneke Meyer
Re: What went wrong at Debenhams and what it might mean for the Premiership
CVC don't have a controlling share so just have a seat at the table when it comes to decision making. Hence, the potential threat is small.
Life can be unpredictable, so eat your pudding first!