Emirates Team New Zealand have issued a statement in response to the takeover/funding offer that has been made via the New Zealand Herald, to have the 37th America’s Cup sailed in New Zealand. The “offer”, claimed to be backed by unnamed individuals is conditional on Emirates Team New Zealand’s CEO Grant Dalton not being part of the team for the 37th America’s Cup.
This statement is in response to the call by Mark Dunphy of Greymouth Petroleum for Grant Dalton to stand down as CEO of Emirates Team New Zealand.
As dedicated members of Emirates Team New Zealand some of us have been part of this team and in the America’s Cup for longer than many, including Dalts. We have experienced the good and bad, the wins and the losses and everything in-between and that makes us well qualified to say who we think is best to lead this team to defending and winning the 37th America’s Cup. For an assumption to be made that as a group of people we would simply welcome the departure of someone like Dalts, who has achieved more and given more than you could ever imagine to this team, to our country and to other people, is mind boggling.
After a single phone call with Dalts and refusal to meet with management or the ETNZ Board, in our opinion Mr Dunphy has publicly undermined our team structure. In addition, he has undermined the absolute dedication and commitment that Dalts has displayed relentlessly since 2003 when taking over the running of what were the ashes of a defeated team, to build it back up to be the most successful America’s Cup team in modern history with our proud yacht club, the Royal New Zealand Yacht Squadron.
If anyone has proven they can raise money for the team it’s Dalts. To keep the team afloat over the last 18 years he has raised over $500 million in sponsorship for this team to be able to proudly put New Zealand technology, innovation and sporting talent on a global stage, so much so that many of the biggest brands in the world want to associate with us.
Of course, Dalts would not claim to have done this on his own, but what he has done is harness the unbeatable power of ‘the team’. Something money cannot buy and something which Mr Dunphy has clearly underestimated by assuming that he can just buy into at Dalts’ expense.
We are all incredibly proud of this team. It has one of the most admired organisational cultures in sport. People apply to be part of the team from all around the world. Every one of us (including Dalts) knows we are lucky to be part of it, but with a very clear understanding that ‘the team’ and its legacy are bigger than any one of us. It is naïve to think that management of an organisation like this can be replaced so easily.
No individual has ever won the America’s Cup. There is never a place in this team for individuals who act with self-interest before putting the team, their teammates, and the sole objective of winning the America’s Cup first – no matter where it is.
Our ‘Team New Zealand’ is our team, with Dalts at the heart of it. He is a major driver of the team’s performance and right now Mr Dunphy’s actions are compromising our performance towards winning the 37th America’s Cup.
