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‘Be the landlord not the tenant’: NZ Rugby’s big-picture plan to save the game – Stuff.co.nz

ANALYSIS: Covid-19 revealed the fragility of NZ Rugby’s business model – it doesn’t own anything. However, a significant investment could change that.

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ANALYSIS: Were very asset light. In fact, were incredibly asset light.
You want to be the landlord and not the tenant, and at the moment were the tenant.
Those words from New Zealand Rugby director Richard Dellabarca during an interview with entrepreneur Robett Hollis last April seem particularly important now.
NZ Rugby wants an investment partner with an offer (confirmed by Stuff) of about $465 million from US Silver Lake but the bigger picture is that it wants to own assets: tangible items…

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