Rugby Australia to raise debt, puts private equity plans on hold
RA fears it is underselling the game, while investors want clarity on broadcast rights
RA's recent financial performance has mirrors the on-field fortunes of the Wallabies.
Rugby Australia will take out as much as A$60 million in debt and has put plans to sell up to 20% in equity on hold until 2026.
RA had been in discussions with a number of private equity firms, including New Zealand Rugby investor Silver Lake, and bids are believed to have been submitted by the end
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