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NZ Rugby to vote on controversial $134mn US private equity deal

New Zealand Rugby CEO Mark Robinson is anxious to get a private equity deal with Silver Lake approved to match the northern hemisphere rugby nations’ economic muscle

WELLINGTON – The fate of New Zealand Rugby’s contentious deal with a US private equity firm should be known within a month, after a special general meeting was called by the sport’s bosses on Wednesday.

New Zealand Rugby members have been asked to vote on the proposed investment from Silver Lake at the meeting in Auckland on June 2.

Chief executive Mark Robinson is anxious it be approved to bring economic muscle to match the northern hemisphere nations.

The deal, which has been divisive since first mooted nearly two years ago, has changed in nature.

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