How reading the Guardian led to a million-pound move for Cornish Pirates

How reading the Guardian led to a million-pound move for Cornish Pirates

Article about second-tier rugby club last December piqued interest of American private equity firm “I think my family already thought I was crazy so this is nothing new,” says Kenn Moritz from his home office in faraway Pittsburgh. The Moritz family may have a point. Given all those baseball, football, ice hockey and basketball franchises in the United States, why opt instead to invest in a second-tier English rugby club in Cornwall that almost folded less than two years ago?The catalyst turn...

Original Source

Read the full article at Theguardian →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.