sports

Cornish Pirates secure seven-figure deal with US private equity firm

Published May 7, 2026 · Updated May 7, 2026 · The Guardian

The Cornish Pirates have finalized a landmark seven-figure deal with Pittsburgh-based private equity firm Stonewood Capital, marking the first significant investment from wealthy American backers in an English rugby union club.

The Championship club has joined forces with Stonewood Capital to revitalize its prospects and has secured a substantial minority stake in the organization.

Pirates officials describe the agreement as a "major milestone in the club’s evolution," aiming to strengthen the Penzance side against larger Premier 1 rivals. biznow.biz

Cornish Pirates secure seven-figure deal with US private equity firm

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