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Ongoing negotiations to purchase New Zealand Warriors
3 April 2017
Ongoing negotiations to purchase New Zealand Warriors
While the media and public excitement around the potential sale of the New Zealand Warriors is understandable and welcome, Auckland Rugby League wants to take this opportunity to communicate to media and the public that confidential negotiations are ongoing.
It has become common to refer to the Auckland Rugby League as the party in negotiations to purchase the New Zealand Warriors, when it is in fact Carlaw Heritage Trust (CHT) that is the negotiating party.
Although ARL are beneficiaries of the income generated by CHT, it is CHT – which has a separate board of trustees – that will be the principal purchasing party.
Media will be informed the moment there are any developments of any significance but, as you can understand, in a business undertaking of this magnitude, working through the details are complex and time consuming.
Board members, executives and officers of CHT and ARL will refrain from making any media comments until an outcome is achieved – thank you for your patience in this.
ends
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