Lean All Blacks operation offers plenty of upside – Forbar CEO

Mon, 17 May 2021

New Zealand Rugby’s commercial operations are just as lean as its athletes, offering plenty of upside as an investment proposition.The NZ Rugby Players’ Association (NZRPA) asked Forsyth Barr three weeks ago to run the numbers on an initial public offering of 5% of the national sporting body’s commercial operations as it tries to find an alternative to the proposed sale of 12.5% to private equity firm Silver Lake.Association president and the investment house's chair David Kirk recused himself from the decision process and...

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