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'No other option': Former NZ Rugby CEO defends legal action against Ineos

Author
Newstalk ZB,
Publish Date
Tue, 11 Feb 2025, 6:13pm
Photo / supplied
Photo / supplied

'No other option': Former NZ Rugby CEO defends legal action against Ineos

Author
Newstalk ZB,
Publish Date
Tue, 11 Feb 2025, 6:13pm

One of New Zealand Rugby's major sponsors has found itself offside with the national body.

In a recent statement, NZR has confirmed they're launching legal action against petrochemical company Ineos for breaching a deal worth around eight million dollars a year.

NZ Rugby views Ineos' non-payment of the first instalment of 2025 as confirmation they've exited the six-year agreement early - and have 'no option' but to begin proceedings.

Former CEO David Moffett says this is a big step for NZR, but they haven't been left with any other options.

"In a situation like this, the only people that are going to win are the lawyers. There will be damage done to both brands, but hopefully NZ Rugby have got some really strong legal advice."

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