Sky had a rip-roaring Monday. Its shares soared nearly 20 per cent on news it had secured top-tier rugby rights for another five years.

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Dylan Cleaver: NZ Rugby's stake in Sky will spread even more treacle on rugby's syrupy coverage
Rugby rights: Spark did not get to bid

The deal came with an unexpected kicker: NZ Rugby was given a 5 per cent stake in Sky - a clever move that tied the sporting body's fortunes