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NZR selling out to Private Equity?
Posted: Fri Nov 06, 2020 6:01 pm
by Lemoentjie
https://www.news24.com/sport/rugby/cash ... y-20201105
Apparently they're in talks with US firm Silver Lake.
The question is, are All Blacks fans willing to keep their team alive by bending to investors from New York and Boston, who frankly don't care about rugby?
Re: NZR selling out to Private Equity?
Posted: Fri Nov 06, 2020 6:18 pm
by Hugo
I'm not knowledgeable on finance but is this correct..... What is going on here is that private equity companies effectively "bail out" cash strapped rugby unions due to the financial effects of COVID but then they essentially get a controlling interest in the sport, the revenue streams etc.
So, the long term consequence is that international rugby will be like American sports leagues, all owned by investors with the money they generate going into private hands and the grassroots/amateur levels of the sport an entirely separate, unrelated entity? I recall that the people who bought (or were buying) an interest in the 6 Nations stated that they have no interest in the governance of the sport as a whole.
Re: NZR selling out to Private Equity?
Posted: Fri Nov 06, 2020 11:02 pm
by Hal Jordan
I believe that you need to look at the vultures buying into top flight football to see what the ultimate aim is: breakaway super league, fuck the pyramid, and here the pyramid includes the top flight teams of no consequence.
Re: NZR selling out to Private Equity?
Posted: Sat Nov 07, 2020 12:11 am
by Sandstorm
Even when it was Americans, I knew it was SARU.
Re: NZR selling out to Private Equity?
Posted: Sat Nov 07, 2020 2:26 am
by Enzedder
Well, if you buggers would play us, we wouldn't need to whore ourselves out.

Re: NZR selling out to Private Equity?
Posted: Sat Nov 07, 2020 9:44 pm
by MungoMan
This is a bloody awful development.
In no time they'll be marketing the ABs' piss as premium aftershave instead of raffling it in clubs and pubs as miracle weedkiller
Re: NZR selling out to Private Equity?
Posted: Sun Nov 08, 2020 8:44 am
by Kawazaki
Enzedder wrote: Sat Nov 07, 2020 2:26 am
Well, if you buggers would play us, we wouldn't need to whore ourselves out.
How many times have New Zealand played at Twickenham in the last 20 years?