Super League has confirmed it has received an investment offer from the Australian Rugby League Commission, the body behind the NRL. The proposal could be significant for the English competition’s finances and future structure, following warnings that it needs new revenue to avoid decline.

All 14 Super League clubs were informed of the offer on Thursday, although its terms remain confidential. Talks have been under way since last year; NRL executives say they want a partnership rather than a takeover and reject fears that Super League would become a feeder competition, but governance control remains a potential sticking point for UK clubs.