New Zealand Rugby moves closer to selling off stake in All Blacks – The Guardian

New Zealand rugby union team

• Provincial unions give green light for NZ$387.5m deal
• Proposal still needs consent of players union to go ahead

Wed 28 Apr 2021 21.42 EDT
New Zealand Rugby has moved a step closer to selling a stake in the game after the nations provincial unions voted unanimously to give the green light to a huge deal with a US investment firm.
The 26 unions and the Mori Rugby Board voted to sell a 12.5% stake to the private equity firm Silver Lake that would bring a cash injection of…

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