RFL close to selling stake in expanded Super League to private equity
The Rugby Football League (RFL) is in advanced negotiations with several private equity firms regarding the sale of a stake in the expanded Super League. This development comes after the collapse of a proposed investment from Australia's National Rugby League (NRL). US-based LionCap Global is among the key suitors interested in acquiring a stake in the competition. The RFL is exploring this opportunity to secure additional funding and drive the growth of the Super League. The sale of a stake to a private equity firm would provide the RFL with the resources needed to expand and develop the Super League, potentially leading to a more competitive and commercially viable competition. The article notes that the NRL's initial interest in the investment had waned, prompting the RFL to seek alternative sources of funding from private equity firms to support the future of the Super League.
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