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Struggling All Blacks seeking investment

NEW Zealand are in talks with private equity investors as they struggle with the financial impact of Covid-19.
New Zealand Rugby is now looking at alternative sources of funding.
NZR chief executive Mark Robinson said they had burned through 47 per cent of their NZ$86m (£44m) cash reserves during the pandemic.
NZR were on track to earn f NZ$100m (£510m) before lockdown. “We are open to looking at partners who may invest in New Zealand Rugby,” Robinson said.

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