Is NZ Rugby worth $3.1 billion?

Is NZ Rugby worth $3.1 billion?
The notice of meeting notes NZ Rugby is still in talks with Silver Lake.
Paul McBeth
New Zealand’s 26 provincial rugby unions will tomorrow decide whether the national body’s commercial business is worth $3.1 billion and if they’re willing to part with an eighth of it in the pursuit of greater value.NZ Rugby is holding its annual meeting at its Wellington headquarters tomorrow, where the provinces will vote on the proposal to partner with private equity player Silver Lake in an effort to crack the global audience in a way it’s failed to do in 25 years of professionalism.The cash-strapped provinces have b...

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