An American investor buys into All Blacks
6/2/2022 at 4:14 pm
New Zealand Rugby Union NZR And world fame All blacks elected It will also be in the hands of Americans in the future. The California private equity firm Silver Lake You initially buy NZ$200 million (€120 million is good).Today, the regional associations paved the way for this deal with a large majority of votes. This ends a year-long feud.
Silver Lakewhich also owns shares in English football champion Manchester City, Initially accounts for 5.8 percent Newly established NZR Corporation. Later The stock is set to rise to 8.58%..
NZR initially planned to sell 12.5 percent. However, the regional associations as well as the New Zealand Professional Rugby Association (NZRPA) put up great resistance for a long time. Submitted by NZRPA to Financially Troubled Association Even a counter offer. The The Players Association fears the loss of identity For the most famous brand in the rugby world.