Photo: RNZ
The New Zealand Rugby Players Association (NZRPA) had suggested two alternative funding models to New Zealand Rugby (NZR), instead of the proposed Silver Lake deal which it said carried a very high level of financial risk .
The Silver Lake deal would give the equity firm a 12.5 per cent stake in a newly created NZR entity called Commercial LP for $387.5m, which would control NZR s commercial interests, including merchandising and ticketing. The numbers don t add up to make New Zealand Rugby profitable at least until 2025 and if you want to believe it is profitable after that you have to believe that 100 percent of the growth initiatives that Silver Lake and New Zealand Rugby believe are coming through do come through, Kirk told
We would like to inform the public of the official confirmation of location and date for the Rugby Africa Cup Repechage (www.RugbyAfrique.com). The tournament will be hosted by the Burkina Faso Rugby Union in the capital Ouagadougou, from the 5th to the 13th of June.
Talking on the sidelines of organizing the tournament Rolande Boro, the President of the Burkina Faso Rugby Union, preparations are underway and now at an advanced stage, with growing fan excitement cheering on.
Andrew Owor, Vice President of Rugby Africa, and President of the Rugby Committee, applauds the readiness of the Burkina Faso Rugby Union in organizing such an important tournament, which officially marks the start of the African Qualifiers for the 2023 Rugby World Cup to be held in France.
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