Silver Lake's pursuit of NZ Rugby stake won’t affect Sky's broadcast rights

Grassroots rugby could get a much needed pick me up from private equity money.

Tue, 23 Feb 2021

Sky TV is keenly interested in Silver Lake’s pursuit of a stake in NZ Rugby and what it could do for the grassroots game, but its own broadcast rights won’t be affected if it goes ahead.Chief executive Sophie Moloney told analysts today NZ Rugby briefed Sky last week about the offer, reported to be $450 million for a 15% stake of the national union’s commercial activities, with funds earmarked for grassroots rugby.“It is potentially a pretty amazing investment in grassroots New Zealand and we do believe that needs to hap...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket steady despite US slump

Financial adviser says investors holding their breath for reporting season.

Tom Raynel 6:10pm

Infrastructure

Cyclists not part of new road-user charge framework

Govt announces a proposed new road-user charge framework.

Staff reporters 3:40pm

Cyclists not part of new road-user charge framework

Infrastructure

Making fast-track fast again

Shane Jones says he'll 'exterminate' any issues holding up applications.

Oliver Lewis 2:00pm

Sponsored

A decade in, Spark’s AI journey is paying off

The telco’s use of AI offers insights for every Kiwi business.

Spark

Sponsored

Datacom at 60: NZ tech trailblazer eyes the AI future

As it turns 60, Datacom embraces a radical new direction.

Datacom

More Services

Services

Food Chain report shows $9m owing

More than $9.1m is owing in the liquidation of food supplier Food Chain, the first report in the insolvency shows. The company, which has ceased trading, had approximately 60 staff, and is also in receivership. The first liquidators' report of Adam Botterill and Damien Grant...

Staff reporters 11 Jul 2025