Provinces see Silver Lake lining for grassroots rugby

Provinces see Silver Lake lining for grassroots rugby
Professional players have some concerns about a deal that's widely embraced by mostly amateur unions. (Credit: Deposit Photos)
Paul McBeth
New Zealand’s provincial rugby unions largely support NZ Rugby’s proposed deal with US private equity firm Silver Lake, which some say will shore up their finances and give them options on how to stem the tide of shrinking participation.NZ Rugby has been in mediation with the NZ Rugby Players’ Association (NZRPA), which dug its toes in earlier this year over the proposals.The 26 provincial unions voting on a deal at NZ Rugby’s annual meeting this month weren’t as perturbed by the prospect of outside money and skill...

More Finance

No longer 'boutique' Generate is executing, CEO says
Finance

No longer 'boutique' Generate is executing, CEO says

The fund manager is now the seventh-largest KiwiSaver provider.

Gregor Thompson 09 May 2025
ANZ half-year profit surges on non-cash gains
Finance

ANZ half-year profit surges on non-cash gains

Cash earnings were flat, and net interest margin rose slightly.

Pattrick Smellie 08 May 2025
BNZ preserves margins on flat half-year
Finance

BNZ preserves margins on flat half-year

BNZ outranks its Australian cousins for customer preference.

Pattrick Smellie 07 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025