Sports

‘Project Magic’: RFL in talks with NRL over radical changes to investment deal

The Guardian Sport · 24 August 2026 at 19:59

‘Project Magic’: RFL in talks with NRL over radical changes to investment deal

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.

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‘Project Magic’: RFL in talks with NRL over radical changes to investment deal

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