Silver Lake buying a stake in the ABs?
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I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
@Rapido said in Silver Lake buying a stake in the ABs?:
I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
This is the crux of it for me too. What do they need the capital for? If it is just to prop of recurrent expenditure (player salaries, the franchises etc) and they don't intend to change the model then what is in it for Silver Lake?
If the model is going to be changed it's not clear why we would need additional capital to let players play overseas, cull unions or pull out of SANZAAR and auction off our test matches etc. If we were trying to renationalize the structure I could understand why you would need that injection.
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@Rapido said in Silver Lake buying a stake in the ABs?:
I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
This is the crux of it for me too. What do they need the capital for? If it is just to prop of recurrent expenditure (player salaries, the franchises etc) and they don't intend to change the model then what is in it for Silver Lake?
If the model is going to be changed it's not clear why we would need additional capital to let players play overseas, cull unions or pull out of SANZAAR and auction off our test matches etc. If we were trying to renationalize the structure I could understand why you would need that injection.
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
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@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
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@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
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@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
@nzzp said in Silver Lake buying a stake in the ABs?:
@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
I’d invest in a heartbeat.
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@nzzp said in Silver Lake buying a stake in the ABs?:
@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
I’d invest in a heartbeat.
AFC Wimbledon ran a bond scheme
This meant there was a min spend of $1000 but you could put in more if you wanted and choose the term length (3 - 20 years) and the return (0-3%) so those that just wanted to help could put it in for 0% and 20 years but those that wanted to help but may not have been able to afford just to give the cash got a small return
we raised 7 Million quid (over $12M) in maybe 6 months, I imagine the AB's would have much more pull than a small league 1 football club
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I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
@Rapido said in Silver Lake buying a stake in the ABs?:
I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
I'm 100% the opposite to this. That would be me almost done as a rugby fan. Would I have to get back into cricket? Become a soccer fan? Get Fox back on so I can watch the Worriers?
Ah fuck, I'm about to slink off into a deep depression.
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@Rapido said in Silver Lake buying a stake in the ABs?:
I'd rather NZRU just gave up on competing at sub-national level, settled for top players being foreign based. Come back to play test rugby.
Obviously will play less tests per year (fine with me).
Then, if they are playing for foreign clubs I don't give a shit about, I won't even need to be angry ever again about terrible bland tribeless franchise rugby kits. Sub-national rugby has become so identity-less that I don't really care anymore.
I'm 100% the opposite to this. That would be me almost done as a rugby fan. Would I have to get back into cricket? Become a soccer fan? Get Fox back on so I can watch the Worriers?
Ah fuck, I'm about to slink off into a deep depression.
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@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
@nzzp said in Silver Lake buying a stake in the ABs?:
@canefan said in Silver Lake buying a stake in the ABs?:
@kev said in Silver Lake buying a stake in the ABs?:
@rotated To me sub national rugby is everything. You undermine that and in 10-15 years the ABs will be also rans on the field and we will all be watching English football. When the ABs become a team of rich pricks coming back from Europe a few times a year then it’s game over for me as a spectator.
Need to protect the grassroots
Seriously wonder though, you could sell stakes in nzr for$1k each...30,000 folks and you've got$30M to play with. Honestly, I'd support to keep us out of the hands of venture capital in exchange for support, half price tickets and no voting rights
Join a club?
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New Zealand Rugby has received a $465 million offer from US technology investment giants Silver Lake for a 15 per cent share of commercial rights valued at $3.1 billion, the Herald can reveal. The deal, should it be signed off by New Zealand Rugby's provincial unions in the coming months, would be the biggest seachange since the game turned professional 25 years ago, and the largest transaction of this nature in NZ sports history. New Zealand Rugby and Silver Lake have been in talks for over nine months, with the Herald first revealing their shared interests last May. While Silver Lake's minority stake remains under negotiation and could be anywhere from 10 to 15 per cent, with terms yet to be finalised, the Herald understands they have tabled a $465 million offer for 15 per cent of a new, separate NZ Rugby entity. -
New Zealand Rugby has received a $465 million offer from US technology investment giants Silver Lake for a 15 per cent share of commercial rights valued at $3.1 billion, the Herald can reveal. The deal, should it be signed off by New Zealand Rugby's provincial unions in the coming months, would be the biggest seachange since the game turned professional 25 years ago, and the largest transaction of this nature in NZ sports history. New Zealand Rugby and Silver Lake have been in talks for over nine months, with the Herald first revealing their shared interests last May. While Silver Lake's minority stake remains under negotiation and could be anywhere from 10 to 15 per cent, with terms yet to be finalised, the Herald understands they have tabled a $465 million offer for 15 per cent of a new, separate NZ Rugby entity. -
@KiwiMurph Any word on how many years the contract is for?
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@Tim there is this
NZ Rugby executives suggest Silver Lake do not adopt a smash-and-grab mentality but, rather, intend to form a decade-long partnership, though acknowledge risks are involved when the firm wants to exit in time. -
@KiwiMurph 10 years is a long time.
@Tim IIRC the first Adidas contract in 99 was a 10 year deal, but they ended up coming back to NZR well before to re-negotiate an extension.
Wonder what they get from the deal (aside form the 10-15% of what? I mean they dont seem the type of company to have it's name on the jersey or anything like that?
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@Tim IIRC the first Adidas contract in 99 was a 10 year deal, but they ended up coming back to NZR well before to re-negotiate an extension.
Wonder what they get from the deal (aside form the 10-15% of what? I mean they dont seem the type of company to have it's name on the jersey or anything like that?
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@Tim IIRC the first Adidas contract in 99 was a 10 year deal, but they ended up coming back to NZR well before to re-negotiate an extension.
Wonder what they get from the deal (aside form the 10-15% of what? I mean they dont seem the type of company to have it's name on the jersey or anything like that?
@taniwharugby said in Silver Lake buying a stake in the ABs?:
@Tim IIRC the first Adidas contract in 99 was a 10 year deal, but they ended up coming back to NZR well before to re-negotiate an extension.
Wonder what they get from the deal (aside form the 10-15% of what? I mean they dont seem the type of company to have it's name on the jersey or anything like that?
I ha the impression that selling the jersey sponsorship would be something they would have control over and get a % of that...that knd pf ting...but I might be making that up
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@taniwharugby there's some info in the article (I didn't post the whole thing).
@KiwiMurph well I fern'd it, read what was posted only, this is the way.
Funny I was reading an article over the weekend where they were saying they needed to get EA Sports back into doing rugby games, in particularly looking at the technical stuff (including graphics) you have with NFL, some could easily be replicated to rugby.
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holy fuck, and they believed that pitch?
60 million All Black fans??? get the fuck outta here.
Are there 60 million actual rugby fans in the world?
