Silver Lake buying a stake in the ABs?
-
@crucial said in Silver Lake buying a stake in the ABs?:
The bit about Silverlake that no other option offers is the so called expertise available to grow the game and open other markets. That's the bit that detractors should be targeting/questioning.
I totally get that growing the market and revenue is a big thing for NZR but the SL deal seems to sell off revenue to possibly gain more of it.
That, to me, is the bit that they haven't sold properly to stakeholders. We have seen that an injection of $ is possibly available other ways. Where are the concrete proposals about the growth factors?Monetising the existing revenue stream is best done via a party which most highly values reliable and low risk revenue streams. That won't be PE. Most likely a pension fund/endowment/sovereign wealth investor. I think 12.5% of existing stream alone would be worth the entire SL price.
Query what NZR does with $350m? If it's not going to invest it it ends up being buffer to pay future royalties. Maybe better to sell a 5% revenue stream for, say, $150m. Can't see NZR burning through that any time soon.
If SL is there to grow market let them shell out for a 25% share in revenue above $200m p.a. . If things work out that will pay for itself. If not the leakage to SL will be small. Full alignment of interests!
-
@pakman said in Silver Lake buying a stake in the ABs?:
@nostrildamus said in Silver Lake buying a stake in the ABs?:
as I recall BMW and VW fought over the Rolls Royce name, one company had the staff and factories, the other had rights to the name. The name alone can be worth something...
Well, BMW bought Rolls Royce Motors, which only owned Bentley name. So VW bought Rolls Royce name for cars and built new factory near Goodwood. Not sure a name is that valuable to a commercial party unless there is something relevant to attach it to.
the value of the name surely relates to the value of the product
but the simpler answer at one stage was 66 million (USD I assume).
-
Would be interesting to know the demand for a 4% dividend listed All Black preference shares.
I’d buy some.
Issue $350m and dividend is $14m p.a.. Big saving compared to Silver Lake Version 1 ($25m p.a.).
SL version 2 royalty on revenue OVER $200m. That’s where they really earn their corn!
-
Haven't heard about the Silver Lake deal for a while. But NZR has just announced this:
New Zealand Rugby announce six-year partnership with INEOS
New Zealand Rugby (NZR) has announced INEOS as the Official Performance Partner of its seven Teams in Black* in a unique new six-year partnership kicking off in 2022.
The Performance Partnership will see NZR’s Teams in Black including the All Blacks and Black Ferns join INEOS Sport teams; Mercedes-AMG Petronas F1 Team; INEOS Grenadiers cycling team; INEOS TEAM UK sailing team; and football clubs OGC Nice and FC Lausanne-Sport as part of a unique sport performance group.
The INEOS Sport performance group will bring together some of sport’s best people and teams to tackle the greatest sporting challenges, through technology and human performance, and will officially launch later this year.
The teams involved will work together to identify opportunities for performance gains that can be shared and applied across the group, utilising the unique knowledge and skill of the world-leading experts who operate across the full sports performance spectrum.*NZR’s Teams in Black - the All Blacks, Black Ferns, All Blacks Sevens, Black Ferns Sevens, Māori All Blacks, All Blacks XV and All Blacks Under-20, will be part of the INEOS Sport performance group and through which will see all member teams continue to evolve and innovate together.
More about Ineous in the media release and on their website:
-
@stargazer Pfffft to the names the NZRFU are trying to foist upon us. I will never refer to the sevens team by anything other than the NZ 7s, likewise NZ Maori, NZ XV and NZ Under 20s. There is only one team that are the All Blacks and they play (well at least start with) with 15 players and are not restricted with having to meet other criteria like age etc to make the squad. Christ next thing we will see them then offering us the All Black Secondary Schoolboys team and the Maori All Blacks Under 18s for example.
-
now that we are partners with INEOS i hope we get access to the good PEDS....
-
@kiwiwomble Yes, I most certainly do.
-
@higgins said in Silver Lake buying a stake in the ABs?:
@kiwiwomble Yes, I most certainly do.
you don't feel like marketing bullshit is more important than more than a hundred years of history and tradition?
-
@nzzp No I do not. Bandying the All Black name around willy nilly clearly cheapens it. Why should the precious name be attached to losses to the likes of Canada, USA, Japan, Samoa, Fiji, Argentina (oh, I. Foster has personally seen to that one), that the NZ 7s had made us endure?
-
7s isn't even really rugby
-
@mariner4life Even more reason for the All Blacks name not to be attached to the NZ 7s team
-
we need some sort of global crisis to remind us how trival things like marketing really are....i can honestly say what the teams are officially called has never affected my enjoyment watching them and have never heard anyone mistaking results of the 7's team with the All Blacks
-
@kiwiwomble What about someone with only the slightest passing interest in rugby but who has heard about the All Blacks unparalleled winning record against all comers over more than 100 years seeing that the name All Blacks has been associated with a loss to Japan such as the NZ 7s team have inflicted upon us (ok that was in at the Rio Olympics so not technically the NZRFU 7s Team but rather the NZOCG 7s side? That casual acquaintance probably would not be able to distinguish between the two formats and forever think the real and one and only All Blacks have lost their mantle to a certain degree. I mean who loses to Japan in proper rugby, other than the Springboks of course?!!!!!!!!!!!!!!!!!
-
@kiwiwomble The NZ 7s have never suffered the indignomy of being defeated by them. I. Foster was involved in both of those All Black humiliations, something that Sir Gordon nor C. Laidlaw have ever given us.
South Africa, Wales, England, France, Australia were the only countries to have taken the All Blacks down in a Test Match until the advent of I. Foster who was personally involved in both Ireland and Argentina joining that list in the last few years. -
@kiwiwomble It is still about the attachment of All Blacks to teams other than the All Blacks. Fozzies name only came about to illustrate how he has been involved in the last two teams no longer allowing All Blacks invincibility against them.
-
So, is there any latest info/gossip on the Silver Lake deal?
CVC have just acquired 10% of the Spanish La Liga broadcast rights, but this is being challenged by four clubs.
Which all seems strangely familiar ...