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NZ Rugby: Why it has the backing of the provincial unions
Nine To Noon
English - April 29, 2021 21:08 - 22 minutes - 20.9 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Mosquito Coast, Handmaid's Tale and Doc Edge offerings
Provincial rugby unions gave their blessing yesterday to a controversial deal to allow a private equity firm to buy into New Zealand Rugby. The deal would allow global technology investment firm Silver Lake to take a 12.5 per cent stake in New Zealand Rugby's commercial interests - netting the national body $387.5m. The deal can't proceed without the approval of the New Zealand Rugby Players' Association. Joining Kathryn to explain why the deal has the backing of provincial unions is Craig Calder, chief executive of the South Canterbury Rugby Union and Rowena Davenport, chairperson of the Otago Rugby Football Union.