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The Latest Breaking News from CVC

Principality Stadium roof walk plan shelved as WRU divert CVC money to pro game

It had been hoped the attraction at the iconic venue would be operational by 2024 at the latest

Wales Online

The Six Nations equity deal with CVC and the dilution facing Welsh rugby

Unless CVC helps to grow the commercial pie then the unions will see little upside besides bringing forward future revenues

Birmingham Post

THG shares soar on takeover move amid spate of private equity bids for UK firms

Weak pound makes FTSE 250 firms ‘ripe for takeovers’ with John Wood Group and Network International also approached

The Guardian - UK

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Why a Recent WTA Private Equity Deal Isn’t Necessarily Bad for Women’s Tennis

Jon Wertheim weighs in on the new deal, Seb Korda’s status and the return of the Hopman Cup.

Sports Illustrated

WTA Tour: Women’s tennis set for £125m investment from CVC

Private equity firm CVC Capital Partners are heavy investors in sport

The Independent UK

Focus on later stages creates local startup funding gap

Thailand's venture capital (VC) landscape is dominated by corporate venture capital (CVC) firms that chiefly aim to invest in later-stage startups, leading to an investment gap for early-stage startups, according a new report by global business advisory Deloitte.

Bangkok Post

The stark financial future for Wales' four regions as full details of new WRU funding deal revealed

It would see regional benefactors having to plough £25m of their money into the regions with big cuts in squad budgets

Wales Online

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The challenging funding outlook faced by the Welsh rugby regions

The four regions and the Welsh Rugby Union have yet to finalise a new six-year funding deal

Birmingham Post

How much the IRFU and other Six Nations are getting for rugby's own 'Drive To Survive' documentary

The IRFU is set to pocket just over €100,000 from the Netflix documentary Six Nations - a fee that could rise to almost €140,000 if a second season is commissioned. It is believed that the Six Nations unions and CVC, the investment capital company

Irish Mirror

One to watch: CVC

Channelling 60s California, this Welsh six-piece charm with classy psych-pop made for long summer evenings

The Guardian - UK

The lessons rugby union can learn from the Qatar 2022 World Cup

Were there any lessons for rugby union to be learned from the footie World Cup in Qatar? Believe it or not, I think there were.

The National (Scotland)

Foreign suitors ponder K-Asset stake

Europe’s largest fund manager and two global buyout firms are among the shortlisted bidders for a stake in the asset management business of Kasikornbank Plc, according to people familiar with the matter.

Bangkok Post

Sad implosion of Wasps and Worcester must be warning call for English rugby

The sport’s days of reckoning are here, and everyone from the RFU to reckless club owners is responsible for the pain

The Guardian - UK

WRU chief's salary and 2024 plan for Principality Stadium roof walk emerge in latest accounts

The Welsh Rugby Union accounts have been published

Wales Online

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Birmingham Post

The WRU on strong revenues, its new hotel and plans for a stunning stadium roof walk attraction

The WRU has seen revenues rise to £94.4m with nearly £63m invested back into the game

The Independent UK

Club rugby investment labelled ‘a black hole’ amid Worcester and Wasps crisis

The sport is reeling as Premiership clubs Wasps and Worcester both fight for survival

The Times of India

Classroom construction 'scam': Anti-Corruption Branch records statements of Delhi BJP leaders

NEW DELHI: Delhi BJP leaders got their statements recorded with the Anti-Corruption Branch (ACB) on Monday in connection with a complaint of a "scam" by them with regard to construction of classrooms in schools run by the AAP government.

Bangkok Post

Bang Sue vaccine services to end this month

The Central Vaccination Centre (CVC) at Bang Sue Grand Station will close at the end of this month but authorities are encouraging the public to keep ensuring that they are protected against Covid-19.

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news in one place.

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Wales Online

WRU offer regions 'impossible' £32m deal as negotiations 'on a knife-edge'

Nine days out from the start of the season, the long term future of Welsh rugby seems as uncertain as ever

The Guardian - UK

English rugby’s financial crisis may leave Premiership clubs prey to vultures

There is a sick feeling in the stomach and English rugby will need to identify genuine applicants to assist the clubs in crisis

The Hindu

Delhi education model is 'extortion model'; AAP government hiked classrooms construction cost by ₹326 crore: BJP

"You, your party and your corrupt Ministers will be punished under the law of the land... you will not be spared," BJP spokesperson Gaurav Bhatia said.

The Hindu

CBI records conviction rate of 67.56% in 2021

The agency has registered 680 regular cases, 67 preliminary enquiries last year: CVC

Bangkok Post

Jab centre to stay open extra month

Bang Sue Grand Station's Central Vaccination Centre (CVC) will remain open another month until the end of September as the country works to meet the target of providing first booster shots to at least 60% of the population.

Wales Online

WRU begin £23.5m payment to regions amid dispute but CVC money could now be on the table

Talks over a long-term finance package have been ongoing for months

The Hindu

CVC brings down pendency of disciplinary matters against government employees

A special campaign was initiated by the Central Vigilance Commission in 2020 to reduce the number of pending cases

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