Team NZ get private cash to keep crew

Published: 2:58PM Monday March 22, 2010 Source: Newstalk ZB

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Just a day winning the Louis Vuitton Trophy on the Waitemata Harbour, Team New Zealand is getting down to the business of signing key personnel for the next America's Cup.

Grant Dalton has confirmed the syndicate has received millions of dollars in private funding from backers in New Zealand and overseas to stop other teams stealing key sailors.

He says the guys have been in the shadows for a while, but now with certainty over the America's Cup, they want to protect the team from being decimated.

Dalton won't say who the backers are, but the money will ensure sailors are on retainers for the next cup.

Team New Zealand beat Italian team Mascalzone Latino 2-0 in the final off Auckland on Sunday to claim the Louis Vuitton Trophy .

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