logo
World Rugby chief says franchise leagues need to allow test availability

World Rugby chief says franchise leagues need to allow test availability

Straits Times7 days ago
SYDNEY - Test rugby remains the pinnacle of the game and any franchise league that does not offer players the chance to play it is unlikely to attract top talent, World Rugby chief executive Alan Gilpin warned on Tuesday.
The R360 global franchise league, which is fronted by former England centre Mike Tindall, is scheduled to launch in 2026 and media reports have linked it with big-money offers for top rugby union and league players.
Gilpin said he was open to dialogue with R360 and that World Rugby welcomed any investment into the sport as long as it created a more financially sustainable game for players and the "wider ecosystem".
"Our position is whatever competitions arise, we know players want to play international rugby," he told reporters at the launch of the ticketing programme for the 2027 World Cup.
"It's not true of every sport, but in our sport, the international game is the pinnacle of the game.
"We've got a really quite tricky calendar in global rugby, so it's really important that whatever is getting endorsed and invested in gives players that opportunity.
"And I think anything that doesn't give players that opportunity, players will vote with their feet on it."
Top stories
Swipe. Select. Stay informed.
Asia Thirty dead, over 80,000 evacuated, following heavy rain in Beijing
Asia Thai army accuses Cambodia of violating truce
Singapore NDP 2025: Enhanced security measures to be put in place around the Padang
Business SIA shares tumble 6.8% after first-quarter profit slide
Sport World Cup winner Fabio Cannavaro among list of top names for Singapore football coach
World Trump says many are starving in Gaza, vows to set up food centres
Business BYD tops Singapore car sales in first half of 2025 with almost one-fifth of the market
Singapore ST Explains: What we know about the Tanjong Katong sinkhole so far
World Rugby's Regulation 9 enforces the release of players for test rugby from any recognised competition and Gilpin said the governing body would continue to insist on their availability for all international windows.
That would include men's and women's British & Irish Lions tours, both Rugby World Cups and the Sevens competition at the Olympic Games.
"Whatever new concepts, whether it's R360 or otherwise, that are being discussed with players ... that whole concept of player release for defined international windows in our sport is key," he said.
"We've got to make sure that whatever competitions players are going to go and play in, they can play in those big moments because they want to. And the fans ... want that." REUTERS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Lions hooker Sheehan handed four-match ban over Lynagh foul
Lions hooker Sheehan handed four-match ban over Lynagh foul

Straits Times

time6 hours ago

  • Straits Times

Lions hooker Sheehan handed four-match ban over Lynagh foul

Sign up now: Get ST's newsletters delivered to your inbox British & Irish Lions hooker Dan Sheehan has been handed a four-match suspension, which can be reduced to three by completing a coaching intervention, for a foul on Australia fly half Tom Lynagh in the third test in Sydney, World Rugby said on Monday. Sheehan is set to be ruled out of his club Leinster's pre-season game with Cardiff and their United Rugby Championship matches against Stormers and Sharks in September and October. He will also miss the game against Munster on October 18 if he fails to successfully complete the coaching intervention. Lynagh had failed a head injury assessment and was unable to continue after an apparent hit from Sheehan's elbow, as the Lions suffered their only loss of the nine-match tour of Australia on Saturday. Sheehan, who had initially denied any foul play, has accepted the suspension given to him by an independent foul play review committee, World Rugby said in a statement. "In determining foul play, the committee found that Sheehan's actions were reckless. The committee found that he made head contact with the Australian player, that his action amounted to a high degree of danger and that no mitigation applied," World Rugby added. REUTERS

Warburg said to co-lead pursuit of Global Switch with SC Capital Partners: sources
Warburg said to co-lead pursuit of Global Switch with SC Capital Partners: sources

Business Times

time7 hours ago

  • Business Times

Warburg said to co-lead pursuit of Global Switch with SC Capital Partners: sources

[LONDON] Private equity firm Warburg Pincus has joined SC Capital Partners in pursuing a potential acquisition of data centre operator Global Switch Holdings, people with knowledge of the matter said. The SC Capital-Warburg Pincus consortium has been in talks with other potential investors to join them, said the people, who asked not to be identified as the information is private. Singapore-based SC Capital is working with Goldman Sachs Group on the possible Global Switch offer, and has lined up about US$3 billion in a loan facility, the people said. Global Switch is working with Morgan Stanley and UBS Group on the potential sale, the people said. An earlier attempt to sell its UK operations was put on hold, the people said. The owners of Global Switch are seeking a deal valued at US$6 billion to US$7 billion including debt, they said. Deliberations are ongoing and there is no guarantee they will result in a transaction, the people said. Global Switch owns and operates data centres across Europe and Asia, including in Amsterdam, Frankfurt, Hong Kong, Paris and Singapore. Its owners, which include Chinese steelmaker Jiangsu Shagang Group and Avic Trust, bought control of the group from British billionaire brothers David and Simon Reuben in a series of transactions starting in 2016. Founded in 2004, SC Capital is an Asia-Pacific real estate investment firm. It operates in eight markets with total investment amounted to US$6 billion, according to its website. CapitaLand Investment last year bought a 40 per cent stake in SC Capital for S$280 million. CapitaLand said it would also invest at least S$524 million in strategic capital. Representatives for Global Switch, Goldman Sachs, Morgan Stanley, SC Capital, Warburg Pincus and UBS declined to comment. A representative for Shagang Group did not respond to requests for comment. BLOOMBERG

Thai Airways' share price soars more than 200% after trading resumption
Thai Airways' share price soars more than 200% after trading resumption

Business Times

time7 hours ago

  • Business Times

Thai Airways' share price soars more than 200% after trading resumption

[BANGKOK] Thai Airways International's stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline resumed trading following a hiatus of nearly five years. Shares rose as much as 231 per cent higher in early trade and ended the day at 10.5 baht from around three baht before trading was suspended. The national carrier went into bankruptcy-protected restructuring in 2020 at the onset of the pandemic. The airline had been in trouble well before the pandemic, reporting losses nearly every year since 2012 after low-cost carriers eroded its market share, especially in short haul routes in South-east Asia. When Covid struck, Thai Airways was granted bankrupt-protected debt restructuring worth 400 billion baht (S$16 billion). It brought top executives into its restructuring committee chaired by former energy minister Piyasvasti Amranand, who was also the company's chief executive in 2009 to 2012 when it was profitable. Over the five years from 2020, the airline reduced debt to 190 billion baht and reported operational profits in 2023. In the first quarter of this year, net profits reached US$9.8 billion, up 300 per cent from the the same period last year. It currently flies 78 jets and reported a cabin factor – the percentage of seats filled with passengers – of 83.3 per cent. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up The airline hailed the resumption of trade as 'a pivotal new chapter for the airline, which stands as a profound source of national pride for the Thai people.' 'THAI is now strategically positioned for robust, stable, and sustainable growth. This is driven by a steadfast commitment to elevating operational standards and service quality, coupled with a strong emphasis on corporate governance,' it said in a statement. The committee launched debt to equity plans and went on to slash half of its support staff to 16,000. It also initiated plans to cut its fleet from 103 to 85 aircraft and shed its budget carrier, Thai Smile. Last year, the carrier ordered 45 Boeing 787-9 wide-body jets with an option for 35 more. In July, it said it could exercise the option as part of Thailand's tariff negotiations with the United States.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store