Bid to buy Warriors at an end
The Auckland Rugby League’s move to acquire the New Zealand Warriors has come to an abrupt end.
ARL chairman Cameron McGregor confirmed last night the deal was off — despite reportedly agreeing on an asking price with owner Eric Watson three weeks ago.
McGregor told Radio Sport’s Reuben Mama the ARL’s bid to take a majority share in the NRL club through the Carlaw Park Heritage Trust had ended.
“I can confirm the contract is at an end. Quite simply, we couldn’t agree on terms with the Warriors,” said McGregor. “Both parties signed a confidentiality agreement so we can’t say more than that.”
The breakdown in negotiations is a setback for the sport as it was hoped the ARL’s acquisition of the club would lead to stronger pathways and better avenues for development, and improved alignment between the NRL operation and the amateur clubs spread across the region.
“We’re very, very disappointed. We spent a lot of time and money in our efforts and, yes, we are very disappointed at this outcome. It wasn’t what we were hoping for,” McGregor said.
“We’ve indicated to the Warriors that we’re open to negotiate with them at any stage [in future].
“Any new owner that does buy the Warriors is going to need to talk to us because we are very much an important part of any long-term success for the Warriors.”
Auckland businessman Paul Davys pulled out of negotiations to buy the club in August, citing a “confusing sale process”.