Cornish Pirates secure landmark US investment

Cornish Pirates announced a landmark investment from United States firm Stonewood Capital Management Inc., backed by Kenn Moritz and John Tippins of the Pittsburgh‑based group. The move follows board appointment of businessman Richard Wastnage, who also injected funds into the club. Pirates chief executive Sally Pettipher said the investment underscores confidence in the club’s long‑term vision and community impact. likesport.biz

The club, sitting seventh in the Championship, will play its final game of the season against Hartpury RFC, still in contention for a playoff spot. The investment comes as the Pirates look ahead to potential promotion and the growing global profile of rugby ahead of the 2031 World Cup in the United States.