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NZR, Blues agree to governance restructure
New Zealand Rugby have released in a statement that they will be taking on a 40 percent share of the Blues Super Rugby club.
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The statement reads:
“New Zealand Rugby (NZR) and Bolton Equities Limited (BEL) have agreed that the national body will take over, on an interim basis, the 40 percent partnership interest in the Auckland-based Super Rugby club following an independent review of the club’s governance structure.
NZR has completed an independent review of the club’s governance structure in parallel with an in-depth, on-field post campaign review. The governance review was conducted by Alan Isaac a former Chair and CEO of KPMG, President of the International Cricket Council 2012-2014, and Chair of New Zealand Cricket 2008-2009.
The review concluded that the existing shareholding mix is unsustainable and due to NZR’s over-riding commitment to the Provincial Union shareholders, has recommended that BEL sell its shares to NZR. On that advice, BEL has agreed to exit the partnership on the basis that this will allow NZR to work with the Provincial Union shareholders to find a new group of investors.
NZR Chief Executive Steve Tew said: “We would like to thank BEL CEO Murray Bolton and his team for their contribution to the Blues over this period. A large amount of progress has been made over this time highlighted by the establishment of the Blues’ home base in Epsom which is as good as any in professional rugby.
“The review is one of many steps that the Blues have recently taken to help rebuild the success of the Club. This has included the appointment of Leon MacDonald as Assistant Coach and Tom Coventry as Forwards Coach to join Head Coach Tana Umaga in 2019, the extension of Principal Partner nib for three years and the re-signing of key players and new recruits such as Karl Tu’inukuafe.
Murray Bolton said: “Whilst we have been required to sell our shares, we will continue to be a strong advocate and supporter for the Blues.”
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NZR has agreed with the remaining Blues owners (Auckland Rugby Union, North Harbour Rugby Union and Northland Rugby Union) to hold its partnership interest until a process has been completed to identify alternative private investors and, the appointment of a new Board chair. Outgoing chair Tony Carter has agreed to remain as the Independent Chair during the transition.
Tony Carter said: “BEL has made a valuable contribution to the growth and success of the Blues and we acknowledge that and are very thankful for their support over the past that years.
“There are still several areas in which we need to improve to ensure the success of the Blues and, to continue to contribute to the future of rugby in New Zealand.””
In other news;
Comments on RugbyPass
I'm not listening to a guy moralise over others when this is the guy who walked out mid season on Canterbury RLFC when he had a contract with them, what a hypocrite. Those praising him are a joke.
13 Go to commentsI’d put Finau at 6 instead of Blackadder but that’s the only change I’d make. Can’t wait to see who Razor picks.
19 Go to commentsTamati Williams, Codie Taylor, and Same Cane? Not sure about Hoskins Sotutu at test level. Wasn’t that impressive last season. Need a balance between experience and talent/youth.
19 Go to commentsInteresting insight. Fantastic athlete, and a genuine human being.
13 Go to commentsThey played at night in Suva last weekend and it’s an afternoon game forecast for 19 degrees in Canberra this weekend. Heat change is a non issue.
1 Go to commentsWishing Rosie a speedy recovery
1 Go to commentsObscene that SA haven’t been knocking
1 Go to commentsChances of Blackadder being injured seem too high to give him serious consideration. ABs loosie combination finally looked good with 2 committed to tackling and clearing rucks in the centre and Ardie roaming. Hoskins/Ardie together would force one of them into where they don’t excel and don’t get to use their talent, or require a change in tactics. If we continue to evolve last years systems I would take Papali’i and Finau at 6 and 7 (conceding that Blackadder will be injured) and Ardie at 8.
19 Go to commentsArdie’s preferred position 7? Where do they get these writers from? I've no idea where he's playing in Japan, but the previous two seasons he wore the 7 jersey exactly twice.
17 Go to commentsNot good to hear Ulster described as “financially troubled”. Did not think it was getting to that level. I would hope the Irish system of spreading players of talent away from Leinster would kick in now. Better to have a Leinster fringe player with Ulster or Connacht, then getting only a few games a season in Dublin. 10, for example, would seem to be a case for spreading the talent. I would not be at all adverse to a SA man coming in as head coach/DR. Ludeke is worth trying. Certainly got a long and impressive coaching career at this level…..149 games in SR, then Japan, 30 years experience. And Ulster’s ledger of successful SA coaches and players is on the positive side. Is talk of Ruan Pienaar interested in coming back as a coach…..could be a good combination with Ludeke. And Pienaar and family would have no settling in to do, one would judge. He loved life in Ulster when there, by all reports.
1 Go to commentsSome thoughts to consider here, Sam. Thanks
2 Go to commentsI think he is right, SBW is respected in RSA. The guy who never stood up is a worm. Sseems lots of NZ SBW hate, you do the crime do the time.
13 Go to commentsAfter missing the curfew, the player was simply too “Shagged” to stand up.
13 Go to commentsVernier is probably the best 12 in the world though she has some English competition these days . I am nervous for England because it is unpredictable France and who knows which team will turn up, but they have not yet shown anything that should worry England, Saturday could be a different day. I would be more confident against the BFs.
1 Go to commentsWhat a difference Rodda and Carter made. Rodda has been out for ages but he is really the only world class lock in Australian rugby. Him, Carter and Beale made a huge difference on the weekend. If only they had a few decent props they’d be a much more dangerous team. Hamish Stewart was excellent last week as well. His carrying has improved significantly and has to be next in line after Paisami at 12 for the Wallabies. He’ll benefit hugely with Beale at fullback, there’s just no better communicator in Australian rugby than him and his experience will make a huge difference for the Force. No one sees space like Beale and he’s still sharp. I can see Force making a late charge into the top 8 if they can get some consistency.
2 Go to commentsRodda will be a walk up starter at lock. Frost if you analyse his dominance has little impact and he’s a long way from being physical enough, especially when you compare to Rodda and the work he does. He was quite poor at the World Cup in his lack of physicality. Between Rodda and Skelton we would have locks who can dominate the breakdown and in contact. Frost is maybe next but Schmidt might go for a more physical lock who does their core work better like Ryan or LSL. Swain is no chance unless there’s a load of injuries. Pollard hasn’t got the scrum ability yet to be considered. Nasser dominated him when they went toe to toe and really showed him up. Picking Skelton effects who can play 6 and 8. Ideally Valetini would play 6 as that’s his best position and Wilson at 8 but that’s not ideal for lineout success. Cale isn’t physical enough yet in contact and defence but is the best backrow lineout jumper followed by Wright, Hanigan and Swinton so unfortunately Valetini probably will start at 8 with Wright or Hanigan at 6. Wilson on the bench, he’s got too much quality not to be in the squad. Paisami is leading the way at 12 but Hamish Stewart is playing extremely well also and his ball carrying has improved significantly. Beale is also another option based on the weekend. Beale is class but he’s also the best communicator of any Australian backline player and that can’t be underestimated, he’ll be in the mix.
8 Go to commentsWhy do people keep on picking Ardie at 7 when he's a ball in hand 8? A modern 7 is the lead tackler and ruck clearer which isn't his strength.
19 Go to commentsSly dig there at Ireland’s propensity to back a non-Irish coach. Must really want it. I’m not sure I like ROG very much. Comes off as unpleasant. But he’d gain my respect if he took a number 7 ranked team and turned them into WC winners. Not even back-to-back. Argentina? Scotland? Or how about Wales? France would be too easy, no?
1 Go to commentsA bit of sensationalism, but surprised by the comments about SBW. I’ve always thought of him as a pretty authentic person. There is nothing worse than working with a colleague you’ve seen straight through.
13 Go to comments100% agree with your comment about Touch. I’ve been playing it competitively since Covid. It’s on a Wednesday night after work. It means the weekend is free for time with my family.
2 Go to comments