A new global franchise competition that could change the rugby union landscape is in a very early stage of development, it is understood.
A league that would travel the world, akin to Formula One, is being mooted and could feature more than 200 players, with a possible launch in 2026 of men's and women's tournaments.
It is thought that initial funding has been provided by an American backer, but the whole project is currently in a concept stage and no further on than that.
It is understood that players would not have to make a choice between the proposed new competition and international rugby.
A core element is that there would be no conflict with the international calendar, allowing players the opportunity to still feature at Test level, a source said.
A possible 14-week season is being mooted, with players earning substantial six-figure salaries.
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