Rugby Australia will take out as much as A$60 million in debt and has put plans to sell up to 20% in equity on hold until 2026.
RA had been in discussions with a number of private equity firms, including New Zealand Rugby investor Silver Lake, and bids are believed to have been submitted by the end
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).