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League: NRLSport: RugbyCountry: AustraliaCategory: Trades

RFL seeks new investment terms in talks with NRL

The Guardian Sport • 1 min read • Latest: Aug 24, 2026, 6:59 PM

Last updated Aug 24, 2026

RFL seeks new investment terms in talks with NRL
Summary

The Rugby Football League (RFL) is in discussions with Australia's NRL about a revised funding deal. The negotiations follow the rejection of a £35m investment offer, with the RFL now exploring a £50m loan package. Details from a document titled Project Magic will be reviewed by the owners of the 14 Super League clubs at a meeting on Tuesday.

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The Guardian Sport
Market Watch
  • •RFL rejected a £35m deal from NRL last week.
  • •The proposed alternative is a £50m loan package.
  • •Project Magic details will be discussed Tuesday.
  • •14 Super League club owners will participate in the meeting.
Latest Updates
  • 6:59 PMThe Guardian Sport — RFL in talks with Australia’s NRL over radical changes to investment deal
What they're saying
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Discussions surround £50m loan package Clubs rejected £35m NRL deal last week The Rugby Football League (RFL) is exploring radically different terms to the funding deal initially offered by Australia’s NRL with talks under way over seeking a £50m loan package to replace the guaranteed investment of £35m that was rejected last week. The Guardian has seen details of an alternative vision produced by Rugby League Commercial in a document entitled Project Magic, which the 14 Super League clubs owners will discuss at a meeting on Tuesday. Continue reading...

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