Britain's Super League says NRL has made formal investment offer
Britain's Super League has revealed it has received an investment offer from the NRL, as Australian involvement in British rugby league's premier tournament appeared to take a significant step closer.
The Australian Rugby League Commission (ARLC) has extended a formal investment offer to Britain's Super League, Reuters reported. Following months of negotiations, some sources suggest that the NRL could commit up to $60 million over a five-year period, potentially granting the Australian league a 50% stake in Super League's UK operations.
The Super League has informed its clubs about the offer, though the specifics remain undisclosed. Super League officials have expressed a pressing need for financial support, while the NRL has emphasized its commitment to bolstering the European game and its global aspirations. Australian rugby league visionary Andrew Abdo, now at Tennis Australia, has been pivotal in this push for globalisation. He reiterated his belief in expanding rugby league's reach during a recent visit to Britain.
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