D'Arcy Waldegrave: Something has gone horribly wrong for NZ Rugby

NZR generated 285 million bucks last year. Sweet. They also manged to flush $305 million. Oops.  

A quick flick of the abacus tells us that $20 million slid down the back of the couch.  

Somewhere along the way, something has gone horribly wrong. I’m sure the bean counters are working their way through the figures, looking at the expenditure, trying to shave a bit here and a bit there, but shaving won’t achieve a thing, they need an axe, not a Gilette.   

Gregor Paul from the NZ Herald continues to write revealing pieces on the issue, and he’s far from complimentary around NZR’s ham-fisted money management. His dive into these matters is far deeper than mine and revels some fairly alarming numbers associated with NZR’s expenditure.   

His Silver Lake work points to what numerous folk were concerned about when NZR sold their pound of flesh to the American fund manager. To put it simply, Silver Lake care about profit, they couldn’t care less about NZ rugby. They just saw some straw-chewing, dungaree-wearing farmers, spun them some grandiose yarns and walked off with a slice of their operation. Boom. Silver Lake will Shylock NZR, and Shakespeare will shake his head.  

Part of NZR and SLs brave new world involves the media platform NZR+. It’s costing a bucket load as it gingerly steps its way into the vicious world of streaming. A world that NZR has no experience in and no right or point to be directly engaged with.  

I’m sure in time it will be revealed that the inner workings of NZR+ are, well, not working.  

Courier companies have one job. Prisons have one job. Focus on that task and I’d say job done. Granted, some courier companies lose packages and some prisoners escape, which beggars belief, maybe pure focus on one exercise would help them out.  

NZR have one job. Look after rugby from the grassroots to the superstar ABs.  

Stick to your knitting guys, leave broadcasting platforms to broadcasters, and maybe buy yourselves an abacus or two instead of more first-class flights and 5 star hotels for your ruling class.  

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Episode Transcript

Speaker 1 (00:06):
You're listening to the All Sport Breakfast podcast with Darcy
Waldgrave from News Talk sedbe.

Speaker 2 (00:12):
Inset Are generated two hundred and eighty five million bikes
last year. Sweet, they also managed to flush three hundred
and five million dollars. Oops, it's quite quick. Flicky Rabicus
tells us that twenty million odds slid down the back
of the couch somewhere along the way. Something's gone horribly wrong.
I'm sure the bean counters are working their way through

(00:33):
the figures. They look an expenditure, trying to shave a
little bit here and a little bit there. But shaving
won't achieve a thing. They need an axe, not a Gillette.
Gregor Paul from New Zealand Herald continues to write pretty
revealing pieces on the issue, and he's far from complimentary
around injet Our's ham fisted money management. His dive into

(00:54):
these matters plainly as far deeper than mine, but it
reveals some fairly alarming numbers associated with in z our'sture.
His silver late work points for what numerous folk were
concerned about when j Are sold their pound of flesh
to the American fund manager. To put it simply, Silver

(01:15):
Lake Care about profit. They couldn't care less about New
Zealand rugby. They just saw some straw chewing, dungery wearing farmers,
spun them some grandiose yarns and walked off. The slice
of the operation bomb silver Lake will shylock zt are
mark my words and Shakespeare will shake his head. Part

(01:38):
of ZR and sl silver Lake's brave new world involves
the media platform inst are Plus. It's costing a bucket
load as it gingerly steps its way into the vicious
world of streaming, a world that ends Are has no
experience in and no right or points to be directly

(01:59):
engaged with. I'm sure in time it will be revealed
that the inner workings of ins are plus are well
not working. Courier companies have one job. Prisoners have one job.
Focus on that task, and I'd say job done. Like granted,
some curer companies lose packages and prisoners to escape, which
biggest belief? But ay, maybe pure focus on one exercise

(02:23):
would actually help ends. I have one job. Look after
rugby from the grassroots to the superstar abs. Stick to
your knitting, guys, leave broadcasting platforms to broadcasters, and maybe
by yourself an abacus or two. Instead of more first
class flights and five star hotels for your ruling class.

(02:48):
That'll do.

Speaker 1 (02:49):
For more from your Sport Breakfast with Darcy Watergrave. Listen
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