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Details of Silver Lake's buy-in of New Zealand Rugby revealed

The document said $39 million will be distributed to stakeholders, such as provincial unions.
NZ Rugby
The details around the controversial Silver Lake deal the New Zealand Rugby AGM will be asked to approve on Thursday.
A legacy fund will be established to ensure the sustainability of rugby at all levels.
More than nine months in the making, the deal must receive backing from more than 50 per cent of the country s provincial rugby unions at the AGM along with the approval of the New Zealand Rugby Players Association.
A California-based private equity firm, in 2019 Silver Lake acquired a 10 per cent stake in City Football Group (CFG), which owns English Premier League side Manchester City and teams in the United States, Australia and China. ....

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Details of Silver Lake's buy-in of NZ Rugby revealed

Details of Silver Lake's buy-in of NZ Rugby revealed
rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.

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Heartland unions back Silver Lake deal

Photo: PHOTOSPORT
All 12 of the country s minor provincial unions have come out in support of New Zealand Rugby s proposed deal with US company Silver Lake.
The proposed $460 million deal would give Silver Lake a 15 percent stake in the game which is cause for concern for some top players, prompting them to write to New Zealand Rugby raising concerns.
A mediator has been called in to try and resolve a stand off between NZ Rugby (NZR) and the Players Association (NZRPA).
All 12 of the Heartland Provincial Unions came out in support of the deal in a statement today.
We believe it is time for our views to be heard because rugby for all of our players and participants starts in our communities and Heartland Rugby is all about community rugby, Heartland group chair Bridget Belsham. ....

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Heartland unions issue plea for NZ Rugby's Silver Lake deal to be approved

SUPPLIED
After a horror weekend of injuries, Aaron Smith says Super Rugby Aotearoa is brutal on the players, and he is looking forward to a more balanced competition in 2022.
The 12 Heartland provincial unions have gone public to reveal why NZ Rugby should secure a deal with US investment firm Silver Lake.
NZ Rugby and the New Zealand Rugby Players’ Association are still locked in mediation about a potential deal with Silver Lake, who are understood to be seeking a deal for up to 15 percent of the All Blacks’ commercial rights.
Andrew Cornaga/Photosport
New Zealand Rugby chief executive Mark Robinson. ....

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Hawke's Bay Magpies line up possible first Ranfurly Shield defence of 2021

Hawke s Bay Magpies line up possible first Ranfurly Shield defence of 2021
12 Jan, 2021 08:04 PM
3 minutes to read
The joy of victory over Wellington, in the final Ranfurly Shield defence of the season, at McLean Park, Napier in November.
Photo / Ian Cooper.
The joy of victory over Wellington, in the final Ranfurly Shield defence of the season, at McLean Park, Napier in November.
Photo / Ian Cooper.
Doug Laing is a senior reporter for Hawke s Bay [email protected]
National Heartland division rugby champions North Otago are not letting the prospect of a good old-fashioned hiding discourage them from again tackling the Ranfurly Shield dream as they line up as possibly one of Hawke s ....

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