Does Dyson’s Bath investment signal a new era for Prem Rugby?
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Dyson takes 50% stake in Bath
SIR James Dyson has acquired a 50 per cent stake in Bath Rugby which will see the billionaire commit “substantial” capital into the English champions. The 78-year-old, a long-time supporter and regular at The Rec, will form a new ownership partnership with Bruce Craig who bought the club 17 years ago. “Bruce deserves enormous respect […] The post Dyson takes 50% stake in Bath appeared first on The Rugby Paper.
Does Dyson’s Bath investment signal a new era for Prem Rugby?
If there was major surprise surrounding Red Bull’s entry into Prem Rugby last year, fewer heads would have been turned by news this week of Sir James Dyson’s investment in Bath. Probably because plenty had assumed he was paying for the upkeep of the club anyway. The deal – likely a debt-for-equity swap – by one of Britain’s richest men, however, is a turning point for Prem Rugby in a way that the investment in Newcastle wasn’t. The Tyneside club…
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