Will NZ Rugby sidestep its NZ investor syndication?

Money from US firm Silver Lake is already filtering down to rugby clubs. (Image: NZME)

Thu, 14 Sep 2023

New Zealand Rugby’s third investment tranche of up to $100 million will be the first step towards bringing local investors under the Black Jersey’s wing, if it goes ahead. US private equity firm Silver Lake has already injected $200m into the domestic game over two lots, which has filtered down to the provincial unions and their clubs, capitalised the NZ Rugby (NZR) commercial entity, and set up a legacy fund to help provide another income stream for the sporting administrator and its stakeholders. The revised deal, brough...

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