NRL tables $57 million offer to buy into Super League
After years of speculation, the NRL has made a bid to acquire a 50 per cent stake in the competition in an attempt to revive rugby league in England.
The NRL has made a formal investment offer to Britain's Super League, following months of talks. The offer, valued at around $57 million, could see the NRL take a 50 per cent stake in the UK competition.
Super League clubs have been informed of the offer, which is part of a recapitalisation project aimed at strengthening the European game. According to ABC News, some reports suggest the investment could be about $60 million over five years.
The details of the offer remain confidential, but it is seen as a significant step towards Australian involvement in British rugby league's premier tournament. The NRL and Super League have both expressed a desire for investment and support to grow the sport globally.
Brief written by urgent.news from The Sydney Morning Herald, The Age, ABC News AU, ABC News — 4 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.
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