21 C
New York
Tuesday, June 22, 2021

Hawaii team backed by former All Blacks pulls out of 2021 MLR

Must read

Let’s talk, says Spain, as jailed Catalan separatists are pardoned

World5 minutes ago (Jun 22, 2021 01:37PM ET) 2/2 (C) Reuters. FILE PHOTO: A protester waves an Estelada (Catalan separatist flag) during a demonstration outside the...

U.S. Fed bank stress tests pave way for stock buyback, dividend bonanza

(C) Reuters. FILE PHOTO: A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs from Reuters...

U.S. Senate confirms Biden intel pick after Republicans cite Huawei link

Stock Markets7 minutes ago (Jun 22, 2021 01:35PM ET) (C) Reuters. WASHINGTON (Reuters) - The U.S. Senate on Tuesday confirmed President Joe Biden's nominee Christopher...

Jet Airways shares more than halved since closure of operations in 2019

NEW DELHI: Shares of Jet Airways, whose likely revival is in sight with NCLT approving a resolution plan, have lost more than half of...
imageSports & General7 minutes ago (Sep 05, 2020 05:45AM ET)

(C) Reuters.

(Reuters) – Kanaloa Hawaii, a team backed by a group of former All Blacks of Pacific Island heritage, will not join Major League Rugby (MLR) next year after an “exclusive negotiating agreement” with the league expired.

The team were given provisional approval in July to join the MLR next year but the league said in a statement https://www.majorleague.rugby/news/major-league-rugby-deadlines-have-passed-for-2021-hawaii-bid on Friday that no agreement had been reached by which Kanaloa could compete in the 2021 season.

The Guardian reported that Kanaloa chief executive Tracy Atiga had expressed concerns over the financial stability of the league amid the COVID-19 pandemic.

“Given the uncertainty and continued complexities of COVID-19 in New Zealand, Hawaii and across the U.S. we undertook a due diligence review and an investigation into the long-term viability of MLR,” the Guardian quoted Atiga as saying on Facebook (NASDAQ:FB).

“The result of which presented a range of high-level concerns for our organisation. The MLR has not been able to provide the type of assurances that would enable the trust and confidence required to continue with our membership goals.”

Atiga said Kanaloa would look to provide an alternative option for players, staff and volunteers for 2021.

The league said: “MLR Commissioner George Killebrew has encouraged this potential ownership group to continue with its development plans so that it may be in a position to join MLR for a future season.”

MLR cancelled much of its 2020 season due to the pandemic, and the team in Colorado disbanded, allowing the league to seek further expansion from next season.

Hawaii team backed by former All Blacks pulls out of 2021 MLR

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

- Advertisement -

Latest article

Let’s talk, says Spain, as jailed Catalan separatists are pardoned

World5 minutes ago (Jun 22, 2021 01:37PM ET) 2/2 (C) Reuters. FILE PHOTO: A protester waves an Estelada (Catalan separatist flag) during a demonstration outside the...

U.S. Fed bank stress tests pave way for stock buyback, dividend bonanza

(C) Reuters. FILE PHOTO: A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs from Reuters...

U.S. Senate confirms Biden intel pick after Republicans cite Huawei link

Stock Markets7 minutes ago (Jun 22, 2021 01:35PM ET) (C) Reuters. WASHINGTON (Reuters) - The U.S. Senate on Tuesday confirmed President Joe Biden's nominee Christopher...

Jet Airways shares more than halved since closure of operations in 2019

NEW DELHI: Shares of Jet Airways, whose likely revival is in sight with NCLT approving a resolution plan, have lost more than half of...

The 2 Best Pharma Stocks to Buy on Dips

Stock Markets12 minutes ago (Jun 22, 2021 01:30PM ET) (C) Reuters. The 2 Best Pharma Stocks to Buy on Dips The aging population in much of...