Saracens and Munster will meet again this weekend but they could potentially compete in a new grand final under CVC plans

The private equity firm that has bought a stake in Premiership Rugby is set to acquire one in the league for the other home nations and Ireland. The move could lead to a grand final played between the winners of the two competitions.

CVC Capital Partners bought 27 per cent of the Gallagher Premiership in December for about £220 million and is poised to complete a £120 million deal for a similar share of the Guinness Pro14 within the next few weeks.

The Pro14, which is the league structure of the professional clubs in Ireland, Wales, Scotland and Italy, plus two from South Africa, has stopped negotiating with rival firms and has agreed the price, structure and terms of the sale to CVC.

The possibility