Sports news of the day: what you need to know

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Last – New Zealand Rugby and Silver Lake are reportedly in the process of striking a deal for the US private equity firm to take a stake in the All Blacks.

Sky News UK reports that Silver Lake and New Zealand Rugby are close to finalizing a deal which would see the investor acquire a minority stake in a new commercial holding company.

Photo: photo port

The report said the stake would be lower than the 12.5% ​​originally envisioned more than a year ago, which at the time was worth $387 million.

They say the deal can only involve five percent.

The Players Association had expressed concerns about Silver Lake’s stake and offered an alternative deal.

However, all 26 provincial unions across the country are committed to the deal which was passed unanimously at the New Zealand Rugby AGM last year.

In 2019, Silver Lake acquired a 10% stake in City Football Group (CFG), which owns English Premier League side Manchester City and teams in the United States, Australia and China.

An investment in one of the most famous brands in world sport would expand the buyout giant’s $75 billion (NZ$104 billion) portfolio of businesses, most of which are venues and technology teams and sports, according to its website.

-RNZ

Broad and Anderson eliminated but not eliminated

England fast bowlers James Anderson and Stuart Broad will be considered for selection again this English summer, interim chief executive Andrew Strauss has said.

Stuart Broad took four wickets.

Stuart Broad took four wickets.
Photo: photo port

Anderson and Broad, England’s all-time leading Test wicket takers, were dropped from the squad for the three-Test tour of the West Indies.

The selection panel made up of Strauss and caretaker head coach Paul Collingwood said they were looking for a fresh approach after the Ashes’ 4-0 humiliation in Australia.

“We believe this is an opportunity for us to leave Broad and Anderson aside for the time being… so the New England coach and manager will have more information to base their selection decisions on in the summer,” said Strauss.

“But I expect Broad and Anderson to be in that selection conversation early this summer.”

The decision drew mixed reactions.

“It’s seismic. I mean it’s really an earthquake in terms of cricket,” said former England batsman Mark Ramprakash.

“I never saw that coming because there’s really been so much attention to England’s poor batting displays, particularly in Australia but also last summer. It seems like these two great bowlers may have paid the price for the Ashes’ defeat.”

Former England captain Michael Vaughan said he was happy with the selection, adding that Strauss had done the “smart” thing in trying to build a new culture in the dressing room.

“England clearly felt they hadn’t done exactly what was needed. And they will give (Captain Joe) Root the chance to build a new culture with a new bowling attack,” Vaughan wrote in The Telegraph.

-Reuters

Norris will race for McLaren until 2025

Lando Norris will remain a Formula 1 McLaren driver until at least the end of 2025 after agreeing to a new four-year contract, the former champion has claimed.

The 22-year-old, whose four podium finishes earned him sixth overall and fourth in the constructors’ battle for McLaren in 2021, was granted a multi-year contract extension last year.

The new deal locks the Briton in at McLaren for the entirety of the current rules era, starting with this year’s new-look cars, during which the Woking-based team hope to rekindle their old struggling form for the Championship. .

His teammate is Australian Daniel Ricciardo whose contract runs until the end of 2023.

Norris made his Formula 1 debut with McLaren in 2019 after graduating from test and reserve.

Last season was his best yet, with the 22-year-old nearly securing a maiden victory from a first pole position in Russia until a tire gamble in changing conditions backfired and knock it down on the ground.

McLaren, despite falling from third to fourth in the standings last season, secured their first victory since 2012 at the Italian Grand Prix with Ricciardo leading Norris across the line in a one-two finish.

The team, which is powered by Mercedes, hopes to continue its rise to the top of the pack under new Formula 1 rules which are designed to boost wheel-to-wheel racing and will continue until the end of 2025 when a new the power unit is about to be introduced.

McLaren is set to launch its 2022 car on February 11 ahead of a record 23-race season that kicks off in Bahrain on March 20.

-Reuters

IPL’s new franchise in Ahmedabad named Gujarat Titans

Ahmedabad’s new franchise of the Indian Premier League has been named Gujarat Titans.

The 15th edition of the world’s richest Twenty20 league will be a 10-team affair with the inclusion of the Titans and Lucknow Super Giants franchises, who paid $1.71 billion to enter the competition.

Indian all-rounder Hardik Pandya will lead the Titans, who have also signed national team opening hitter Shubman Gill and top Afghan kicker Rashid Khan ahead of the weekend’s league auction in Bengaluru.

A total of 1,214 players, including 318 foreign cricketers from 18 countries, registered for the auction.

The Titans will be based in a 132,000-seat venue in Ahmedabad, the world’s largest cricket stadium, named after Prime Minister Narendra Modi.

Former South African batter Gary Kirsten will mentor and coach the batting while former Indian fast bowler Ashish Nehra will serve as the team’s head coach.

The league is scheduled to start the last week of March and run through the end of May.

-Reuters

Pakistan choose Rauf and Masood for Australia tests

Pakistan have named fast bowler Haris Rauf to their 16-man squad for next month’s three-test home series against Australia while recalling opening hitter Shan Masood, the Pakistan Cricket Board has said.

Rauf, who was also part of the squad for the South Africa and Zimbabwe Tests last year, has yet to feature in the longer format and has replaced off-spinner Bilal Asif in the squad. who won 2-0 in Bangladesh at the end of 2021.

He played both 50-overs and Twenty20 internationals.

Masood played the last of his 25 Tests against New Zealand at the start of 2021 and entered the squad for Abid Ali, who is recovering after surgery for a heart condition.

“We have opted for consistency for the important home series against Australia and changes have only been made where absolutely necessary,” said selection committee chief Muhammad Wasim.

“It’s to give the boys confidence, reward them for their impressive performances in the long version of the game in 2021 and continue to build the team for the future.”

The PCB also announced that former off-spinner Saqlain Mushtaq and retired Australian fast bowler Shaun Tait will continue as the team’s head coach and fast bowling coach respectively for another 12 months.

Mohammad Yousuf will continue as batting coach for the Australian series, the board added.

Australia will play Pakistan for the first time in nearly 25 years with the opening Test scheduled for Rawalpindi from March 4. Karachi will host the second test from March 12 with the final test from March 21 in Lahore.

The two teams will also play three over-50 internationals and one Twenty20 match.

-Reuters

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