Blues go 'private'

Fri, 17 May 2013 10:47
Large steve tew presser Large john kirwan   graham henry2 Large steve tew media 630

The licence to operate the Blues Super Rugby franchise has been partially sold-off to a private investment firm.

The licence to operate the Blues Super Rugby franchise has been partially sold-off to a private investment firm, the New Zealand Rugby Union said on Friday.

NZRU chief executive Steve Tew said the deal, which involves Auckland-based Bolton Equities taking a 40 percent stake in the three-time champions' operations, was part of a plan to improve New Zealand team's finances.

"With fresh thinking and new capital we believe the Blues will be better equipped to face the challenges ahead," he said in a statement.

It is the latest in a series of moves by the NZRU to improve its finances, including a deal unveiled last year for the All Blacks to wear a sponsor's logo on their jerseys for only the second time in their 108-year history.

The Hurricanes and Crusaders agreed to similar deals last year.

The NZRU said progress was being made on finding an investor for defending Super Rugby champions the Chiefs.

New Zealand's only other Super Rugby side, the financially struggling Highlanders, was not included in the sale process.

AFP

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Sat, 30 April 2016
Border v Pumas 12h30 East London
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Leicester Tigers v Worcester Warriors 14h00 Welford Road
Western Province v Golden Lions 14h15 Newlands
Northampton Saints v Bath 14h15 Franklin's Gardens
Cardiff Blues v Ospreys 14h30 Millennium Stadium
Ulster v Leinster 15h00 Kingspan Stadium
Lions v Hurricanes 15h05 Johannesburg
Dragons v Scarlets 17h00 Millennium Stadium
Stormers v Waratahs 17h10 Cape Town
Jaguares v Kings 21h40 Buenos Aires
Sun, 01 May 2016
Exeter Chiefs v Wasps 12h00 Sandy Park
London Irish v Harlequins 14h00 Madejski Stadium
Saracens v Newcastle Falcons 14h15 Allianz Park
Fri, 06 May 2016
Crusaders v Reds 07h35 Christchurch
Brumbies v Bulls 09h40 Canberra
Griffons v Eagles 15h00 Welkom
EP Kings v Blue Bulls 16h00 Port Elizabeth
Sat, 07 May 2016
Sunwolves v Force 05h15 Tokyo
Chiefs v Highlanders 07h35 Hamilton
Waratahs v Cheetahs 09h40 Sydney
RESULT SCORE
Sat, 30 April 2016
Reds v Cheetahs 30 | 17
Highlanders v Brumbies 23 | 10
Blues v Rebels 36 | 30
Fri, 29 April 2016
Munster v Edinburgh 27 | 19
Glasgow Warriors v Zebre 70 | 10
Treviso v Connacht 22 | 21
Sale Sharks v Gloucester 11 | 12
Boland v Griquas 14 | 30
Force v Bulls 20 | 42
Chiefs v Sharks 24 | 22
Wed, 27 April 2016
Eagles v Leopards 26 | 21
Falcons v Griffons 26 | 49
Sun, 24 April 2016
Leicester Tigers v Racing Metro 16 | 19
Brumbies v Crusaders 14 | 40
Sat, 23 April 2016
Kings v Lions 10 | 45
SUPER RUGBY
MORE LOGS
Pool AU
Team P W D L Pts
Rebels 9 5 0 4 23
Brumbies 9 5 0 4 21
Waratahs 7 3 0 4 17
Reds 8 1 1 6 8
Force 9 1 0 8 6
Pool NZ
Team P W D L Pts
Chiefs 9 8 0 1 37
Crusaders 8 7 0 1 32
Highlanders 9 6 0 3 28
Hurricanes 8 5 0 3 26
Blues 8 4 1 3 20
Pool SA1
Team P W D L Pts
Stormers 8 6 0 2 28
Bulls 8 6 1 1 28
Cheetahs 8 2 0 6 12
Sunwolves 8 1 0 7 7
Pool SA2
Team P W D L Pts
Lions 8 6 0 2 27
Sharks 9 4 1 4 23
Jaguares 8 1 0 7 7
Kings 7 1 0 6 4