NZ Rugby says it's prepared to look at an alternative proposal for a public float of part of its commercial revenues that's been put forward by Forsyth Barr.
At the end of last week the New Zealand Rugby Players' Association made public an alternative to the proposed Silver Lake deal desired by NZ Rugby.
It would see the NZR sell a five per cent stake in its commercial rights via a public share float. That would be about $191m- $200m less than what NZ Rugby expects to get from Silver Lake.
The alternative proposal did not initially go down well with NZ Rugby, which labelled the way it was released a "fundamental breach of trust".
However NZ Rugby now says it would welcome a "good faith exploration" of it. Joining Kathryn to discuss the alternative proposal is New Zealand Rugby Players' Association president, David Kirk.
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