Tuesday, 25 May 2021, 6:46 am
Otautahi - Most players and the wider
public have a real desire to keep the All Blacks entirely
New Zealand-owned.
The sum of New Zealand rugby will
forever be 12.5 percent smaller if it sells that stake to US
private equity firm Silver Lake.
The US company is
offering $387.5 million for that slice. NZ Rugby wants the
deal to go ahead but is yet to get the support it needs from
the Rugby Players' Association.
So why shouldn’t NZR
sell 12.5 percent of its stake to Silver Lake? The problem
is public does not really know the NZR financial position or