Sports
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TV presenter Knowles buys stake in Cornish Pirates
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BBC Sport - Sport
Cornish Pirates' ownership is now a mix of their United States-based investors and a group of shareholders based closer to home.
"That's a long way from where we are because we have to be ready, have to meet minimum standards, and we have to be a fantastic Championship club."
"There's a new minimum standard that's come in which is a salary floor, so not just a salary cap.
So the business plan has to support a £5m budget for your rugby players alone.
"The great thing about these new investors is they are very, very talented business people as well as rugby people.