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take over management of the Knights for the remainder of 2006 season, until new owners<br />

could be found (Maddaford, 2006). The new owners fared little better than their<br />

predecessors, and the licence was revoked by the A-League and in effect transferred to new<br />

owner Terry Serepisos and his company Century City Football Limited (Century City<br />

Developments, 2007).<br />

The vision of NZF is to be “the number one participation sport in New Zealand<br />

across all age groups, and qualify for and be competitive in all major FIFA tournaments”<br />

(New Zealand Soccer, 2005, p. 8). NZF is recognised by both the international governing<br />

body Fédération Internationale de Football Association (FIFA), and Sport and Recreation<br />

New Zealand (SPARC) as the governing body for football in New Zealand. As an<br />

organisation, NZF is experiencing difficult times. In 2008, SPARC provided NZF with a<br />

$300,000 cash injection as well as an additional $300,000 to assist NZF in meeting the<br />

interest costs on its $1.5 million bank loan (Brown, 2008). As part of this rescue package,<br />

SPARC also appointed an independent commissioner to the NZF board (Brown, 2008).<br />

1.2.2 Rugby League<br />

The Auckland Warriors joined the Australian Rugby League competition in 1995 as<br />

one of four expansion teams alongside the North Queensland Cowboys, South Queensland<br />

Crushers and the Western Reds (Mirams, 2001). Originally owned by the Auckland Rugby<br />

League, a regional organisation, the Warriors have struggled to be financially viable and<br />

have undergone a number of ownership changes (Mirams, 2001). At one time, the NZRL<br />

owned the licence outright but would later transfer it to the private sector. Usually<br />

associated with businessman Eric Watson, the licence to participate in the NRL is owned<br />

by Warriors League Limited. There are two shareholders in Warriors League Limited:<br />

5

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