The Crusaders and Hurricanes Super Rugby franchises will have new operators next year, with the Wellington side to be controlled by a group including Gareth Morgan.
The New Zealand Rugby Union today announced two groups, involving a mix of provincial unions and private investors, will manage the two teams after expressions of interest were sought for the licences a year ago.
The licence to manage the Hurricanes has been awarded to a Wellington group including Wellington Rugby, former Hurricanes directors Paul Collins and Liz Dawson, and Morgan's Welnix, the ownership group of the Wellington Phoenix football team.
The license has been awarded for a period of three years with a right of renewal for five more years.
The NZRU and a Crusaders region consortium have agreed in principle a licence arrangement to operate the Crusaders franchise and a final contract is expected to be signed within a month.