Silver Lake buying a stake in the ABs?
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@Tim said in Silver Lake buying a stake in the ABs?:
@stodders They're probably cackling over all the clauses they sneaked into the contract with NZ Rugby. I suspect they will fleece us.
Either that, or they’ll bring in an American VC approach and demand changes to the product.
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@MajorRage said in Silver Lake buying a stake in the ABs?:
@Tim said in Silver Lake buying a stake in the ABs?:
@stodders They're probably cackling over all the clauses they sneaked into the contract with NZ Rugby. I suspect they will fleece us.
Either that, or they’ll bring in an American VC approach and demand changes to the product.
I'm hopeful they leverage their knowledge of pumping a brand to increase the value. The Tauranga Ports example - where some of that skill and discipline leads to more than doubling the value of the asset.
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@nzzp hopefully that's not export reliant! We lose enough good talent as it is 😉
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@Paekakboyz said in Silver Lake buying a stake in the ABs?:
@nzzp hopefully that's not export reliant! We lose enough good talent as it is 😉
I don't think so. I think it's around raising All Black brand in places it isn't and leveraging it.
Honestly, if Silver Lake are the real deal, they should bring access to digital knowledge and channels we just don't have in NZ, and align our success - raising the profile of ABs.
The concern is they are shitty venture capitalists who want to milk it further with longer seasons, more exhibitions, etc.
Time will tell, but the current governance doesn't make me confident at all
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The benefit of a deal like Silver Lake to a business is that it provides an injection of cash. Such cash could be used to deal with potential problems that rely some cashflow to resolve.
A hypothetical example might be say where an employee or contractor is doing damage to the brand and money is required to pay them out of their contract.
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@mikedogz said in Silver Lake buying a stake in the ABs?:
“Cayman Islands”
This all sounds above board.
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@Billy-Tell said in Silver Lake buying a stake in the ABs?:
@mikedogz said in Silver Lake buying a stake in the ABs?:
“Cayman Islands”
This all sounds above board.
Mossack Fonseca advising?
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All Blacks legend Richie McCaw confirmed as director of New Zealand Rugby-Silver Lake entity
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@BerniesCorner said in Silver Lake buying a stake in the ABs?:
All Blacks legend Richie McCaw confirmed as director of New Zealand Rugby-Silver Lake entity
#BooBoo
See 3 posts above yours
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I'll put it in here, because the review is on the back of the deal. But stuff being quite succinct about the shit show that is NZR for the last few years. Arrogant cocks
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NZRs fault. total mess
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@Machpants said in Silver Lake buying a stake in the ABs?:
Good read but a bit scary if true, (a lot of secret sauces in that article) but it reads to me that older (ex?) players are secretly concerned and that I am not alone in my suspicion the board doesn't have the right experience.
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Silver Lake buying a stake in the ABs?
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@sparky said in Silver Lake buying a stake in the ABs?:
Wow, Silverlake really pissed their money away investing in a shitshow. They must be furious.
Why? Silver Lake invested their money after due diligence, and some write up in paper isn't going to change it. Have NZR suddenly started losing money etc? They seem to be run pretty well financially to me.
I guessing they don't pour ovar NZ stuff articles to decide what ar good or bad investments. -
@Dan54 said in Silver Lake buying a stake in the ABs?:
@sparky said in Silver Lake buying a stake in the ABs?:
Wow, Silverlake really pissed their money away investing in a shitshow. They must be furious.
Why? Silver Lake invested their money after due diligence, and some write up in paper isn't going to change it. Have NZR suddenly started losing money etc? They seem to be run pretty well financially to me.
I guessing they don't pour ovar NZ stuff articles to decide what ar good or bad investments.Silver lake want to make money by growing the brand to new markets. There is no big money to be made with the ABs as it stands, as ABs are saturated in their current markets. It's irrelevant how NZR is run or their current profits (they are running at a loss btw).To sell the most successful rugby team ever, with an aura of greatness is easy. Selling Foster's follies to the world is not. That is why silver lake will be worried about this run of results
