Like many businesses in New Zealand and beyond, NZ Rugby has been hammered by Covid-19. Your News is the place for you to save content to read later from any device. It’s understood NZ Rugby and Silver Lake have discussed this, and agree the best way forward is for the All Blacks to play the same number of tests – currently at around 15 – a year, or less. NZR believes its fan base, globally, is under-utilised. Sky Sport NZ followed Chiefs midfielder Anton Lienert-Brown on the Player Cam… What’s the fuss about? NZ Rugby's commercial rights valuation compares favourably on a global scale, with the LA Lakers valued at US$4.4b (NZ $6.1b) and Manchester United, the world's third most valuable football brand, worth US$3.8b (NZ $5.3b). Rugby ATL (RATL) Reveals A Secondary Logo. An independent review, commissioned by NZ Rugby’s stakeholders, is understood to have reported it had rarely seen a minority-stake private equity deal with so many controls in favour of the majority stakeholder. In fact, it has been saying the opposite – that player welfare will be as important as ever if the deal goes ahead. NZ Rugby Players’ Association boss Rob Nichol was deep in mediation with NZ Rugby until last week, when talks were called off. NZ Rugby's pitch to the provincial unions details the benefits the cash influx will have on all levels of the game, particularly in propping up the under-resourced grassroots, while outlining the need to manage expectations, form a war chest and be disciplined with future spending. Should the investment deal proceed as planned, Silver Lake's capital injection promises to immediately supercharge New Zealand rugby's financial landscape but the risk and reward trade-offs will only be clear in time. That kept commercial partner broadcaster Sky Sports content, and provided the five Super Rugby franchises with financial stability, but significant challenges remained. Developing technology in the years ahead could be key for NZ Rugby. It’s understood NZ Rugby will pay Silver Lake 12.5 per cent of revenue from commercial operations after three years, starting from 3.5 after the first year and 7 following the second. The injection of money could potentially enable up to $39m to be distributed to NZ Rugby’s stakeholders. If the tier-one nations can get together and agree on a fresh competition, as they did in 2018 when they tried to launch the Nations Championship, the All Blacks could be involved in the Rugby Championship in July and play northern teams each November. Make no mistake, Silver Lake is in this to make serious money. The key is to get the All Blacks involved in top-drawer tournaments. Silver Lake, if it can help NZ Rugby raise that amount, will therefore get a bigger slice of the pie. Finance / Sport / After months of speculation, it has been announced that the New Zealand Warriors has been sold to an arm of their original owners, the Auckland Rugby League. That prevents Silver Lake, who will be a minority investor, from following in the boot prints of the “dirty dozen’’ football club owners. The NZ Rugby Players' Association, as well as former All Blacks players, coaches and Black Ferns are also being courted as part of the nationwide consultation period. Sport . Rob Crossland has left … It’s understood NZ Rugby may prefer to approach a passive-type investor, such as a pension fund when Silver Lake wants out. The Silicon Valley-based private equity firm, which is backed by institutional investors and massive pension funds, wants NZ Rugby to sell it a 12.5 per cent stake in a new entity called Commercial LP for $387.5 million. In going to market NZ Rugby engaged several private equity companies, including CVC Capital Partners and Bruin Sports Capital, in a competitive bidding process run by investment bank Jefferies. A long-running dispute between New Zealand and Australia over who invented the pavlova dessert may be over after the Oxford English Dictionary lists its origins. There has been speculation Silver Lake could later sell its stake to another business with questionable values. World Rugby has announced details of a new commercial partnership that will see Asahi Group join the family of Worldwide Partners for Rugby World Cup 2023 in France. Hull KR ownership explained - what's changed, who owns the shares, is new investment planned? It still faces significant losses, but vastly improved from the initially forecasted 70 per cent decline in revenue. NZ Rugby executives told the Herald Silver Lake's offer was compelling on multiple fronts. With CVC Capital Partners buying stakes in England's Premiership Rugby, the Pro14 and Six Nations competitions, it was only a matter of time before NZ Rugby struck a similar arrangement. Fronted by renowned investigative Kiwi journalist Bryan Bruce, the NZ On Air-funded documentary Who Owns New Zealand Now? It entered mediation talks with NZ Rugby late last month and is expected to return to the negotiation table next month. New Zealand Rugby has received a $465 million offer from US technology investment giants Silver Lake for a 15 per cent share of commercial rights valued at … New Zealand Rugby is keen add a Pacific Island franchise but announced last week the same five teams would compete in Super Rugby Aotearoa next year, with the addition of a one-off final. NZ Rugby has made it clear it is serious about the organisation’s heritage and cultural aspects and, they too, will be safeguarded in any agreements that are signed. So there is potential for it to make tens of millions of dollars, especially if the deal lasts up to 10 years. NZ Rugby, of course, will also benefit. This followed a loss of $7.4 million the previous year. NZ Rugby, led by CEO Mark Robinson, knows it has an obligation not just to survive but to thrive. Stakeholders have been told by NZ Rugby that Silver Lake could use the strength of the All Blacks brand to push into emerging markets in North America and Asia. Silver Lake has signalled it wants to be involved with NZ Rugby for between seven and 10 years, but that term could be extended. And that is sorely needed. Teams like East Coast should benefit from a cash injection by a private equity partnership between NZ Rugby and Silver Lake. While neither rugby union nor rugby league appear to be trademarks under UK law, the International Rugby Board is a registered trademark. However, NZ Rugby has repeatedly stated Silver Lake is prepared to be patient. And is expected to return to the negotiation table next month to read later any. Blacks being exploited in such a manner dollars, especially if the deal lasts up to 10.... 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