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Blocking Silver Lake deal is not about the money, says All Black Coles
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FILE PHOTO: Rugby World Cup - Bronze Final - New Zealand v Wales
WELLINGTON (Reuters) - New Zealand s rugby players are not blocking the Silver Lake deal over the money but rather have concerns about leaving the game in the best hands , All Blacks veteran Dane Coles said.
The proposed deal, under which U.S. firm Silver Lake would buy 12.5% of New Zealand Rugby s commercial rights for NZ$387.5 million ($281.8 million), came a step closer on Thursday when 26 provincial rugby unions endorsed it at an annual general meeting.