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LNR pursues private equity talks, but ‘not just to pay off clubs’ debts’

The Ligue Nationale de Rugby (LNR), the organising body for French rugby’s union’s Top 14 and Pro D2, is open to continuing discussions over a private equity deal worth €200m ($233.4m) but, it says, not simply to pay off the debts of certain clubs without a wider development plan in place.

It emerged last week that Novalpina, the London-based private equity firm, is looking to acquire a stake in a commercial entity set up by the LNR.

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