The recently announced deal for investment fund Silverlake to invest in the All Blacks is the first step on a long journey for both parties, and potentially a windfall for KiwiSaver investors.

KiwiSaver investors could end up owning a small part of the All Blacks, which could grow into a bigger stake over time.

And a virtuous circle could develop, whereby Kiwis feel even more invested in rugby, as players, fans and (now) shareholders via their KiwiSaver fund. And the more people that watch rugby, the more it is worth.

As Sam Stubbs explains, long term, it could be a very good outcome for all investors.

See the full article on Stuff here.