JOINT STATEMENT FROM EMIRATES TEAM NEW ZEALAND AND RNZYS

Royal New Zealand Yacht Squadron
© @ETNZ | Carlo Borlenghi

 

As Defenders of the America’s Cup, The Royal New Zealand Yacht Squadron and Emirates Team New Zealand have a clear priority to first and foremost win and continue to defend the America’s Cup.” said RNZYS Commodore Aaron Young

“RNZYS & ETNZ have a contract under which Emirates Team New Zealand are responsible for all aspects of the 37th America’s Cup Defence which includes funding and organisation. While the preference of both RNZYS and ETNZ  would be to hold the next  America’s Cup in New Zealand it cannot compromise the structure of Emirates Team New Zealand or risk the success of their future campaign and we are in complete alignment on this. We have encouraged Mr Dunphy to present something that respects this to Emirates Team New Zealand and would be great if that could be achieved.”

Emirates Team New Zealand CEO Grant Dalton explained, “Mr Dunphy has been talking to numerous people but curiously not with Emirates Team New Zealand despite repeated offers to meet with him and with the urging of our partners the Royal New Zealand Yacht Squadron to do so. 

On the face of it Mr Dunphy’s offer to contribute funds seem generous and it would be great if his ideas stack up. But until we meet and understand his intentions and see a proposal then we cannot form a view.”