The Herald reported:
Reports that Team New Zealand have rejected a $100 million offer from the Government and Auckland Council to keep the America’s Cup in the country have been met with a call for the team to “stay loyal”.
“We need Team New Zealand to stay loyal. That was the catch-cry that they gave New Zealand, was to be loyal to them,” said Auckland Business Chamber chief executive Michael Barnett.
We should not get into a bidding war. If Team New Zealand want to host the defence overseas, they should do it. We should not have to pay them hundreds of millions of dollars to do it in NZ.