Rugby Australia to Start Stake Sale Within Weeks, CEO Says (1)

Rugby Australia plans to kick off the search for new investors as soon as in the next two weeks as it gets ready for key international games including the 2029 World Cup and to fund the growth of women’s rugby.

The football league will sound out interest for a stake of as much as 20% and will target overseas private equity firms that have investments in other sports franchises, according to Chief Executive Officer Andy Marinos. Rugby Australia has spoken with key stakeholders including member clubs and the players’ association on their preferences for potential investors, he said.

Andy Marinos in 2022.

Photographer: Matt King/Getty Images