New Zealand Rugby and Silver Lake finally appear set to tie the knot, after a long courtship of the Players Association and Provincial Unions. The 26 unions, who will vote tomorrow, approved the initial proposal that was shot down by theNew Zealand Rugby Players’ Association. If the Silver Lake deal goes bad and doesn’t produce the revenue anticipated, NZR could end up with less money than before. The report also claimed New Zealand Rugby didn’t need all the Silver Lake money right now. New Zealand Rugby was hit hard by Covid, losing $40 million in 2020, close to half of its cash reserves.

Source: Stuff June 01, 2022 17:25 UTC