There has been a raft of so-called “disruptor” competitions – backed by private equity – entering the sports and entertainment market in recent years. However, I am not sure that any have been as controversial, polarising and daring as The Enhanced Games (“TEG”), where the use of performance-enhancing drugs (“PEDs”) will be permitted. The organisers … Continue Reading
Private equity firm CVC Capital Partners has purchased a 14.3% stake in the Six Nations rugby tournament, putting pen to paper on a deal, which will see CVC pay approximately £365 million over five-years. The deal, subject to regulatory approval, sees CVC target the tournament’s commercial rights. In return, the governing bodies of England, Scotland, … Continue Reading
