Sport
New Zealand Rugby to consider selling stake in All Blacks to US investors – ABC News
A share in the All Blacks could be sold to a US-based investment firm as New Zealand Rugby attempts to secure its future financial sustainability.
New Zealand Rugby (NZR) faces a momentous decision on the future of the All Blacks at its annual meeting tomorrow, when it will consider whether to sell a stake in the commercial value of the national team to US investors.
- Rugby officials argue the sale is necessary to secure the future financial sustainability of NZR
- Players have asked for assurances important traditional and cultural symbols for the team will not be sold and commercialised
- The sale would mark the first time in more than 115 years…
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