Silver Lake buying a stake in the ABs?
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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
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@Machpants said in Silver Lake buying a stake in the ABs?:
@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
Mate I doubt whether the target market for Silver Lake even knows how Foster's team is going. And Silver Lake if they brought shares on the assumption the All Blacks were going to win everything, it makes them a gambling company not an investment company. The All Blacks are a huge marketing brand that is not going to disappear because of a couple of years bad results. Do you think all the people that buy AB jerseys etc even follow rugby?
Look at other huge sports brands that sell like Manchester United, Arsenal etc, they are worth so much because of history, some of them have bad years etc, but continue to sell stuff all round world. I think Arsenal have been around 5th or so for a few years(my grandson follows them), but they keep selling merchandise etc because of history. That's what Silver Lake bought, you watch the online games etc coming out with ABs etc on it,especially in Asian markets .
I think for people like you and I it is hard to get our heads around (well it is to me) but ABs like these other brands are just that a brand! -
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@Dan54 said in Silver Lake buying a stake in the ABs?:
@Machpants said in Silver Lake buying a stake in the ABs?:
@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
Mate I doubt whether the target market for Silver Lake even knows how Foster's team is going. And Silver Lake if they brought shares on the assumption the All Blacks were going to win everything, it makes them a gambling company not an investment company. The All Blacks are a huge marketing brand that is not going to disappear because of a couple of years bad results. Do you think all the people that buy AB jerseys etc even follow rugby?
Look at other huge sports brands that sell like Manchester United, Arsenal etc, they are worth so much because of history, some of them have bad years etc, but continue to sell stuff all round world. I think Arsenal have been around 5th or so for a few years(my grandson follows them), but they keep selling merchandise etc because of history. That's what Silver Lake bought, you watch the online games etc coming out with ABs etc on it,especially in Asian markets .
I think for people like you and I it is hard to get our heads around (well it is to me) but ABs like these other brands are just that a brand!The thing with Silver Lake’s (and PE in general) model is that the management make out like bandits whether or not ABs perform. About the only thing which can derail that is a combination of rising interest rates and recession.
The incentivisation is like being paid based on whether or not a feather falls from tenth story to ground.
But doing deals like this keeps their investors interested (and docile). -
@KiwiMurph said in Silver Lake buying a stake in the ABs?:
This is the guy that was running the Commonwealth Bank when a whole lot of dodgy shit went down and all came to light in Sooty’s Banking Royal commission. What could go wrong, sounds like a tight fit!
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@Unite there was dodgy stuff in CBA financial planning back in the early 2000s well before Narev’s time there, which a whistleblower revealed.
Narev had to do the public apology and try and clean it up.
But during his watch the dodgy stuff around their insurance business all came to light.
Moral of the story be a bank CEO if you want to be rich, but you will now doubt have legal and PR messes to clean up that your rep may never recover from.
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@ACT-Crusader that’s right cheers, it predated him but he didn’t appear to carry himself that well during the Royal commission and media shit storm from memory.
Hopefully the Silverlake post works out better.
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There are very strict criteria on how the money given to the PUs can be spent, or more importantly, can't be used for ($1M for the 14 NPC unions, and $500,000 each for the Heartland provinces). For some PUs, it will be paying off debt, which could be to NZR.
“We’ve left it to each board to determine how they would apply those funds but they are required to provide us with a copy of the board resolution outlining how those funds will be invested,” NZ Rugby general manager community rugby Steve Lancaster tells Stuff.
“They must be invested for future health of the game. We’ve specifically excluded any investment in or around the NPC or FPC teams, and we also excluded any speculative investments.
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I'll put it in here cos the board etc are getting reviewed. But real pity the board didn't give itself an upper cut for failing to reach the target, and get a whole new board in. Cos teh current board are still utterly incompetent
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@Machpants Wonder if having another woman on the board will make it more incompetent, equally as incompetent, or less incompetent than in currently is?
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@Unite said in Silver Lake buying a stake in the ABs?:
@KiwiMurph said in Silver Lake buying a stake in the ABs?:
This is the guy that was running the Commonwealth Bank when a whole lot of dodgy shit went down and all came to light in Sooty’s Banking Royal commission. What could go wrong, sounds like a tight fit!
And he was a child star in Children of Fire Mountain!
My understanding is it wasn't the scandal of charging dead people but the money laundering which saw him resign-but who knows-CBA was getting a lot of press for a lot of "activities" at the time, it was hard to keep up! -
Not sure where else to post this.
'New Zealand All Blacks are world's most valuable rugby brand at US$282 million'
Wednesday, 11 October, 2023 - 12:01
The New Zealand All Blacks (brand value up 52% to USD282 million, NZD 452 million) have continued to assert their dominance as the world’s most valuable rugby team brand, despite their on-pitch authority increasingly being challenged by other rugby nations. The All Blacks retained the top position for brand value, achieving a 52% increase since the last world cup. This growth is attributed to robust revenues, particularly in sponsorship and merchandising over the past four years.
Every year, leading brand valuation consultancy Brand Finance puts 5,000 of the biggest brands to the test, and publishes over 100 reports, ranking brands across all sectors and countries. The world’s top 10 most valuable and strongest rugby team brands are included in the Brand Finance Rugby 10 2023 ranking.
Intense national pride in New Zealand’s rugby heritage and its globally recognised brand continues to drive revenue streams, such as merchandising and sponsorship agreements, including lucrative long-term kit partnerships with Adidas and Altrad. These brand-focused income streams contribute more significantly to the All Blacks' overall value than broadcasting and matchday earnings.
Mark Crowe, Managing Director, Australasia of Brand Finance commented:
"The revenue from sponsorship and merchandising which is driving the All Blacks’ brand value, in many ways, defies expectations, considering New Zealand's comparatively small economy and rugby market size when contrasted with the second and third-ranked brands - England and France. This underscores the undeniable allure and universal appeal that the All Blacks’ brand has cultivated beyond its home turf."
The All Blacks also remain strongest brand despite dip from 2019 peak
In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics including marketing investment via social media, stakeholder equity such as heritage, and business performance through revenues from sponsorship, merchandising, and so on.
The All Blacks were also the strongest brand in the ranking with a Brand Strength Index (BSI) score of 88.9 out of 100 and a corresponding AAA rating. However, it is worth noting that the New Zealand All Blacks’ BSI has experienced a decline since its peak in 2019. The primary factor behind its 6-point decrease is the dip in on-pitch performance in recent years, seeing the team drop to 4th position in World Rugby’s rankings, behind Ireland, France, and South Africa.
Despite this, the resilience of the All Blacks brand is evident in its capacity to maintain its value and strength, despite variations in key performance metrics. This underscores the pivotal role that a robust sporting brand plays in shielding a business from the inherent fluctuations in on-field results.
The Wallabies’ brand strength declines and faces post-World Cup challenges
Across the ditch the Wallabies face concerning challenges ahead. Australia Rugby’s teams Brand Strength Index (BSI) score has dropped significantly, falling 8 points since 2019, from 81 to 73 out of 100. This is the largest decline of all top 10 national rugby team brands. This decline is primarily driven by a weaker on-pitch performance which has reduced fan engagement and sentiment towards the Wallabies. The team’s early exit from the World Cup is likely to place further downward pressure on negative sentiment and the game’s popularity compared to other football codes and Australian sport in general. Looking ahead, this decline in brand strength is likely to also erode the Wallabies’ brand value, unless a significant effort made to restore perceptions and improve governance.
Mark Crowe, Managing Director, Australia of Brand Finance commented:
"The Wallabies brand faces immense pressure both on and off the pitch. Rugby Australia needs to balance the ability to compete against other rugby markets, like Europe and Japan, in providing competitive player renumeration while maintaining development programmes. The early exit from this year’s World Cup is going to intensify this pressure and now, more than ever, it is essential that Rugby Australia works to reform the game and improve participation."
England holds firm in second
England Rugby (brand value up 71% to USD264 million, GBP219 million) claim second spot once again, despite entering the World Cup on less-than-great form. England Rugby’s brand value growth is not without thanks to boasting the highest total revenue of all national rugby brands.
France surges to top 3 in terms of brand value and brand strength
France Rugby (brand value up 84% to USD159 million, EUR154 million) has emerged as one of the standout winners in this year’s ranking, surging into 3rd place both in terms of brand value and brand strength. This impressive growth can be attributed to the excitement surrounding the home World Cup and Les Blues’ outstanding team performance, currently ranked as the world’s number 2.
Ireland, the World Number 1 ranked team, overtakes Wales and South Africa
Propelled by its 15th Six Nations win in March 2023, Ireland Rugby (brand value up 94% to USD150 million, EUR145 million) is another rising brand as 2023’s fastest-grower. Ireland Rugby’s 94% increase in brand value has seen the current world’s number 1 overtake Wales Rugby (brand value up 23% to USD132 million, GBP109 million) and South Africa Rugby (brand value up 44% to USD117 million, ZAR1,989 million) to become the 4th most valuable national rugby team brand.
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Still quite small beer when you consider the value of football clubs/NFL franchises etc
