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December 8, 2011

Posted on 12/08/2011

Slice of the pie

The New Zealand Herald's Daniel Richardson talks to NZRU CEO Steve Tew about the plans to franchise out their Super Rugby sides and the subsequent lack of interest.

"New Zealand Rugby Union chief executive Steve Tew is yet to receive an offer from an investor keen to buy a slice of a Super rugby franchise but is remaining positive, saying there is plenty of interest in the market.

The NZRU announced last week that it was selling off the licences of Blues, Chiefs, Hurricanes or Crusaders as a way of injecting cash and fresh ideas into the franchises. The Highlanders are already in the process of attracting an interested party.

The NZRU would continue to oversee the coach and player contracts."

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