The Six Nations are set to announce their new title sponsor for the 2019 edition of the tournament according to a recent report in The Guardian.
It is understood that HSBC, the international bank who currently sponsor the World Sevens Series and previously sponsored the British and Irish Lions tours in 2009 and 2013, have secured the rights to sponsor the competition.
The Six Nations has been in a difficult situation with regards to securing title sponsorship. The competition ended ties with RBS after the 2017 edition of the tournament when they rejected an offer from RBS to extend its deal as they believed any potential deal should be worth £100 million over six years.
However, no such deal of that value materialised, which led to Six Nations Rugby backtracking and securing a much less lucrative deal with NatWest, who it is understood paid £11 million to sponsor the 2018 tournament.
It is reported that HSBC are also currently interested in securing sponsorship for the next Lions tour after Standard Life had the honour of partnering with the Lions for the 2017 tour of New Zealand.