Taranaki join forces with Chiefs

Tue, 10 Dec 2013 16:14
Large bladethomsontaranaki Large chiefsjersey2 Large chiefs celebration630

Taranaki have ended a 17-year alliance with the Hurricanes and switched allegiance to the Super Rugby champion Chiefs.

Taranaki have ended a 17-year alliance with the Hurricanes and switched allegiance to the Super Rugby champion Chiefs.

The Taranaki Rugby Union is among a group of private investors and five other provincial unions granted a seven-year licence by the New Zealand Rugby Union.

The new organisation will be known as Chiefs Rugby Club Limited Partnership.

The introduction of Taranaki will bolster the playing strength within the region and provide new commercial growth and fan engagement opportunities for the Chiefs as it will include the allocation of two competition games in 2014 and 2015 at Yarrow Stadium in New Plymouth.  

Waikato Stadium will continue to host a minimum of five home games per year. In 2014, six competition games will be played in Hamilton.

Game allocation in 2015 and beyond will be made on a year by year basis. Pre-season matches will continue to be spread around the region as part of the Chiefs desire to engage its fan base. Rotorua International Stadium will host the Blues pre-season match on February 14.    

As part of their community programme since assembling on November 28, the squad have already visited Thames, Whangamata, Tairua, Waihi, Mercury Bay and Te Aroha with many other community engagements planned.  

Chiefs CEO Andrew Flexman said: “It is great to have our provincial unions involved as part of our investor group and with Taranaki joining us, we look forward to embracing the fans in one of New Zealand’s most passionate rugby communities.”  

The $3.3 million investment into the Chiefs Rugby Club has been made by the Counties Manukau, Waikato, Thames Valley, Bay of Plenty, King Country and Taranaki Provincial Unions who jointly make up 50 percent of the capital investment, and a number of private investors who contributed the other 50%.

Chiefs Chairman Dallas Fisher said: “It has been a significant project over the last nine months to pull together the commercial structures required to provide an outcome that is extremely robust, sustainable and will provide an exciting future for the Chiefs Rugby Club going forward.

“We acknowledge the contribution of all private and rugby investors who are all highly committed to a new and exciting era for the Chiefs. We now have the ability to invest in the future and continue to develop the Chiefs Rugby Club while providing resources to ensure our organisation continues to be world class.”

Business capital will be deployed to a number of investment projects including the purchase of strength and conditioning equipment, rehabilitation systems and enhancement of the outside training facilities. There will also be further investments into commercial growth.  

An Establishment Board has been set up. This Board will be responsible for the process of appointing the new board of seven members which will be comprised of five independent directors and two investor appointees. This process is expected to take two months.

The capital investment breakdown is as follows:

Provincial Unions:                   

Counties Manukau Rugby Football Union: 11.55%
Waikato Rugby Union: 11.55%
Bay of Plenty Rugby Union: 11.55%
Taranaki Rugby Football Union: 11.55%
Thames Valley Rugby Football Union: 1.9%
King Country Rugby Football Union: 1.9%

Private Investors:

Waikato Syndicate: 24.93%
Taranaki Syndicate: 11.18%
Private investor: 13.89%

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FIXTURE GMT VENUE
Wed, 31 May 2017
New Zealand U20 v Scotland U20 07h00 AIA Arena
England U20 v Samoa U20 07h00 Tbilisi
South Africa U20 v France U20 09h30 Tbilisi
Ireland U20 v Italy U20 09h30 AIA Arena
Argentina U20 v Georgia U20 12h00 Tbilisi
Australia U20 v Wales U20 14h30 Tbilisi
Fri, 02 June 2017
Blues v Reds 07h35 Auckland
Sat, 03 June 2017
Crusaders v Highlanders 02h35 Christchurch
Chiefs v Waratahs 05h05 Hamilton
NZ Barbarians v B&I Lions 07h35 Toll Stadium
Brumbies v Rebels 09h45 Canberra
Force v Hurricanes 11h35 Perth
Sun, 04 June 2017
Ireland U20 v Scotland U20 07h00 AIA Arena
Argentina U20 v France U20 07h00 Tbilisi
New Zealand U20 v Italy U20 09h30 AIA Arena
Australia U20 v Samoa U20 09h30 Tbilisi
South Africa U20 v Georgia U20 12h00 Tbilisi
England U20 v Wales U20 14h30 Tbilisi
RESULT SCORE
Sun, 28 May 2017
Lions v Kings 54 | 10
Sat, 27 May 2017
Jaguares v Brumbies 15 | 39
Munster v Scarlets 22 | 46
Sharks v Stormers 22 | 10
Wasps v Exeter Chiefs 20 | 23
Bulls v Hurricanes 20 | 34
Rebels v Crusaders 19 | 41
Highlanders v Waratahs 44 | 28
Sunwolves v Cheetahs 7 | 47
Fri, 26 May 2017
Reds v Force 26 | 40
Blues v Chiefs 16 | 16
Sun, 21 May 2017
Waratahs v Rebels 50 | 23
Sat, 20 May 2017
Kings v Brumbies 10 | 19
Munster v Ospreys 23 | 3
Wasps v Leicester Tigers 21 | 20
SUPER RUGBY
MORE LOGS
Pool AU
Team P W D L Pts
Brumbies 12 5 0 7 28
Waratahs 12 4 0 8 19
Force 12 4 0 8 17
Reds 12 3 0 9 16
Rebels 12 1 1 10 8
Pool NZ
Team P W D L Pts
Crusaders 13 13 0 0 59
Hurricanes 12 10 0 2 48
Highlanders 13 10 0 3 45
Chiefs 12 9 1 2 45
Blues 13 6 1 6 33
Pool SA1
Team P W D L Pts
Stormers 12 7 0 5 34
Cheetahs 13 3 0 10 16
Bulls 12 3 0 9 15
Sunwolves 12 1 0 11 7
Pool SA2
Team P W D L Pts
Lions 13 12 0 1 56
Sharks 13 9 1 3 42
Jaguares 12 5 0 7 24
Kings 12 4 0 8 19