18 Feb 2022

NZ Rugby strikes $300m deal with Silver Lake

From Morning Report, 7:44 am on 18 February 2022

New Zealand Rugby and US equity firm Silver Lake have reached a $300 million pact which is set to change the face of our national sport.

Under the terms of the agreement, which remains subject to ratification,

Silver Lake will invest $200m in a new commercial entity that will control all revenue-generating assets of NZ Rugby.

An additional co-investment of up to 100-million will be offered to New Zealand-based institutional investors later this year.

New Zealand Rugby chief executive Mark Robinson spoke to Corin Dann.