NZ Herald nzherald.co.nz 30 Apr, 2021 06:45 am

Rugby: NZRPA president David Kirk and New Zealand Rugby chair Brent Impey clash over Silver Lake deal

Rugby: NZRPA president David Kirk and New Zealand Rugby chair Brent Impey clash over Silver Lake deal
A disagreement between the two parties is the major sticking point in the deal proceeding.

New Zealand Rugby and the Players' Association continue to butt heads over how the income from the Silver Lake deal will be reflected in player pay."There's a mediation going on with New Zealand Rugby, and the players are not asking for any additional money in terms of the percentage of player-generated revenue that they take."There's been a long-standing agreement and understanding between New Zealand Rugby and the players about what percentage of money needs to be set aside for the players, to keep our best players in New Zealand."What's changed is that because New Zealand Rugby is selling 12.

5 per cent of their revenue, because that makes the game unprofitable, New Zealand Rugby are looking to reduce the player's share significantly in order to pay for, what we think, is a bad deal.The percentage is the thing that, of the new money, they get over 40 per cent of the new money, which is the very reason New Zealand Rugby becomes unprofitable.

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