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Serious Holdings a company owned by the Eric Watson controlled by both Cullen Sports<br />
and, KA-NO.3 Trustee Limited (New Zealand Companies Office, 2008b).<br />
The overarching purpose of the NZRL is best reflected in the first of many ‘objects’<br />
detailed in their constitution: “Promote Rugby league: promote, foster and develop Rugby<br />
League throughout New Zealand, from ‘grass roots’ level to international level, and govern<br />
Rugby League throughout New Zealand” (New Zealand Rugby League, 2007, p. 8). The<br />
NZRL is recognized by both SPARC and the Rugby League International Federation<br />
(RLIF) as the governing body for Rugby League in New Zealand (Coffey & Wood, 2007).<br />
In June 2008, SPARC initiated an independent review of the NZRL to address a<br />
combination of financial and governance issues. One of the independent review committee<br />
members was the CEO of the Warriors. In terms of the NZRL-Warriors relationship, it has<br />
been described as “inextricably intertwined” (Jessup, 2005, p. C17). In the same article, the<br />
NZRL General Manager was reported to have said “If our relationship with the Warriors<br />
was compromised in any way we'd have serious concerns” (Jessup, 2005, p. C17).<br />
1.2.3 Basketball<br />
The New Zealand Breakers first participated in the Australian National Basketball<br />
League (NBL) in 2003. NZ Breakers Basketball Limited is a wholly owned subsidiary of<br />
the parent company ProTeam Holdings (New Zealand Companies Office, 2008a). Paul<br />
Blackwell and Hibiscus Independent Trustees Limited are the two shareholders in ProTeam<br />
Holdings.<br />
Both the Federation of International Basketball Associations (FIBA) and SPARC as<br />
the national governing body for the sport of basketball in New Zealand recognise<br />
Basketball New Zealand Incorporated (BBNZ). The BBNZ constitution lists its mission as:<br />
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