I FEEL it is necessary to comment on some of the expectations from the negotiations between PRL and CVC investments.
The situation is that the Premiership clubs received a cash distribution from PRL of £43.1m in the year to June 2017.
The clubs also received £25.5m from the RFU which was paid direct to the clubs not via PRL.
PRL negotiate commercial agreements on behalf of the clubs particularly with regard to media. It is important to note that the Premiership clubs are separate businesses that report their own financial accounts based on their playing costs and total income in...