1
00:00:00,040 --> 00:00:02,240
Speaker 1: We've got a deal. The New Zealand Rugby Union and

2
00:00:02,279 --> 00:00:04,520
Speaker 1: the former sponsor in the OS have sorted this thing out.

3
00:00:04,519 --> 00:00:06,560
Speaker 1: It's confidential, but the word is the union got all

4
00:00:06,559 --> 00:00:08,319
Speaker 1: of the money for this year and a little bit

5
00:00:08,320 --> 00:00:11,280
Speaker 1: of extra go away money as well in THEOS off

6
00:00:11,280 --> 00:00:13,440
Speaker 1: the uniforms. A new a new deal needs to be done.

7
00:00:13,440 --> 00:00:16,280
Speaker 1: The managing director of Halo'sport, Simon Porter, is with us. Simon,

8
00:00:16,360 --> 00:00:18,279
Speaker 1: very good morning to you.

9
00:00:18,200 --> 00:00:19,600
Speaker 2: You might just finished making my.

10
00:00:22,120 --> 00:00:25,079
Speaker 1: Sandwiches. Do the government doesn't do it for you?

11
00:00:25,120 --> 00:00:27,960
Speaker 2: No? I know. Actually to be fear, my wife made them,

12
00:00:28,280 --> 00:00:30,720
Speaker 2: but I put them in the school bags this morning,

13
00:00:30,720 --> 00:00:32,559
Speaker 2: so I think that counts no fair enough.

14
00:00:32,560 --> 00:00:35,319
Speaker 1: It's a joint contribution there, you go, well done. So

15
00:00:35,520 --> 00:00:38,239
Speaker 1: if they got this year's money the union and they

16
00:00:38,320 --> 00:00:40,040
Speaker 1: got a little bit of go away money to keep

17
00:00:40,040 --> 00:00:42,160
Speaker 1: it out of court, is that a win for the union.

18
00:00:44,000 --> 00:00:47,320
Speaker 2: Yeah? I think so absolutely. I think they've got you know,

19
00:00:47,360 --> 00:00:51,080
Speaker 2: some prized assets now to sell back on the shorts

20
00:00:51,320 --> 00:00:55,000
Speaker 2: in the training jersey. They've got, you know, a tour

21
00:00:55,120 --> 00:00:58,240
Speaker 2: of Africa next year. They've got the Nation's Cup starting,

22
00:00:58,280 --> 00:01:01,520
Speaker 2: they've got the World Cup shortly. They've got an opportunity

23
00:01:01,560 --> 00:01:05,760
Speaker 2: to go out to market now probably and not have

24
00:01:06,000 --> 00:01:09,440
Speaker 2: to you know, it's probably a bad term, but fire

25
00:01:09,520 --> 00:01:13,880
Speaker 2: sale to get it on to get something into the coffers.

26
00:01:13,880 --> 00:01:15,440
Speaker 2: They've actually got a good time now to make sure

27
00:01:15,480 --> 00:01:17,640
Speaker 2: they get a good deal and probably something that might

28
00:01:17,720 --> 00:01:18,880
Speaker 2: last a bit longer. Ah.

29
00:01:18,920 --> 00:01:20,880
Speaker 1: Well, I was going to ask about is links the

30
00:01:20,959 --> 00:01:23,560
Speaker 1: issue when you go into what was a multi year deal?

31
00:01:23,600 --> 00:01:25,400
Speaker 1: Are you taking a bigger risk as opposed to one,

32
00:01:25,440 --> 00:01:26,600
Speaker 1: two or three year deals or not.

33
00:01:27,400 --> 00:01:31,120
Speaker 2: Yeah, Well, last time they were in market for Front

34
00:01:31,160 --> 00:01:33,360
Speaker 2: of Jersey they ended up doing I think it was

35
00:01:33,360 --> 00:01:36,240
Speaker 2: about six year deals with Alchrader on the Front of

36
00:01:36,280 --> 00:01:39,240
Speaker 2: Jersey with Anios and then Taysher Pharmaceuticals which is the

37
00:01:39,480 --> 00:01:42,639
Speaker 2: liverpood and Hi Rugby Championship, and they were six years.

38
00:01:42,720 --> 00:01:45,000
Speaker 2: And I think they'd like to get through a Rugby

39
00:01:45,000 --> 00:01:48,320
Speaker 2: World capital tagged into Pinnacle events. But also the collective

40
00:01:48,360 --> 00:01:52,120
Speaker 2: agreements with the players are generally three years duration, so

41
00:01:52,120 --> 00:01:55,040
Speaker 2: I imagine there's also a little bit of thinking around

42
00:01:55,160 --> 00:01:57,680
Speaker 2: trying to do six years get yourself through two sort

43
00:01:57,680 --> 00:02:01,960
Speaker 2: of collective agreement cycles. So now we're previously they had

44
00:02:02,000 --> 00:02:04,440
Speaker 2: all those sort of assets, We're all going to come

45
00:02:04,480 --> 00:02:07,680
Speaker 2: off at one time. They've actually got an opportunity now

46
00:02:07,680 --> 00:02:11,000
Speaker 2: to sort of probably break that cycle and get a

47
00:02:11,040 --> 00:02:13,480
Speaker 2: longer term partner that might not be coming off at

48
00:02:13,520 --> 00:02:16,680
Speaker 2: the same time as el tread who's got the frontages right?

49
00:02:16,800 --> 00:02:19,800
Speaker 1: Has the Aeneos deal in any way shape or formed

50
00:02:19,880 --> 00:02:22,120
Speaker 1: into the All Blacks image? In other words, to people

51
00:02:22,160 --> 00:02:24,560
Speaker 1: believe it was in Eos. They don't have any money,

52
00:02:24,639 --> 00:02:26,600
Speaker 1: that's their problem. It's nothing to do with the All

53
00:02:26,639 --> 00:02:27,760
Speaker 1: Blacks and their value.

54
00:02:29,280 --> 00:02:31,600
Speaker 2: I think there's probably a tough one to read from

55
00:02:31,680 --> 00:02:33,640
Speaker 2: down here in New Zealand. I mean, the All Blacks

56
00:02:33,639 --> 00:02:35,760
Speaker 2: are very much pitched as a global brand, and I

57
00:02:35,800 --> 00:02:39,280
Speaker 2: think they are a global brand. And in THEOS, I

58
00:02:39,320 --> 00:02:41,720
Speaker 2: mean I like cuckling, I like yachting, so I knew

59
00:02:41,840 --> 00:02:44,359
Speaker 2: in EOS were before they signed on to the All Blacks.

60
00:02:44,400 --> 00:02:47,440
Speaker 2: But I don't think there's probably a huge understanding of

61
00:02:48,000 --> 00:02:50,799
Speaker 2: whom and EOS are down in New Zealand, So I

62
00:02:51,200 --> 00:02:54,120
Speaker 2: don't think. I think it's probably been a positive one.

63
00:02:54,200 --> 00:02:56,919
Speaker 2: You know, it's a big step taking legal action against

64
00:02:57,160 --> 00:02:59,920
Speaker 2: a company the size of Ineos, particularly you know, the

65
00:03:00,000 --> 00:03:02,600
Speaker 2: sponsorship deals, lots of them get broken and it's normally

66
00:03:02,680 --> 00:03:06,359
Speaker 2: done done behind closed doors and so to take that step,

67
00:03:06,800 --> 00:03:08,840
Speaker 2: and in some ways I have admiration from USIL on

68
00:03:08,919 --> 00:03:12,400
Speaker 2: Rugby for you know, for taking that step and actually

69
00:03:12,440 --> 00:03:14,560
Speaker 2: going no, we're going to show the courage of our convictions.

70
00:03:14,600 --> 00:03:16,120
Speaker 2: We're in the right and we are going to take

71
00:03:16,160 --> 00:03:18,760
Speaker 2: the legal step and go out there. And so I

72
00:03:18,840 --> 00:03:21,320
Speaker 2: think overseas has probably been viewed as a bit of

73
00:03:21,320 --> 00:03:23,520
Speaker 2: a curiosity. I don't think it would have entered the

74
00:03:23,560 --> 00:03:26,639
Speaker 2: brand at all. I do think it's probably a good

75
00:03:26,639 --> 00:03:29,799
Speaker 2: thing that it's been done by way of sentiment as

76
00:03:29,800 --> 00:03:31,720
Speaker 2: opposed to ever going to court. I don't think anyone

77
00:03:31,760 --> 00:03:33,680
Speaker 2: ever really wins apart from the lawyers when it goes

78
00:03:33,720 --> 00:03:36,360
Speaker 2: to court. So I think that, you know, it's a

79
00:03:36,440 --> 00:03:38,200
Speaker 2: net positive as far as I'm concerned.

80
00:03:38,240 --> 00:03:40,880
Speaker 1: Great stuff, Simon, appreciate your expertise as always. Simon Porter,

81
00:03:40,920 --> 00:03:42,600
Speaker 1: who's the Halo Sport managing director.

82
00:03:42,640 --> 00:03:45,560
Speaker 2: We like him. For more from the Mic Asking Breakfast,

83
00:03:45,680 --> 00:03:49,040
Speaker 2: listen live to news talks that'd be from six am weekdays,

84
00:03:49,280 --> 00:03:51,240
Speaker 2: or follow the podcast on iHeartRadio.