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NZ Rugby posts multi-million dollar loss for 2023

Author
Newstalk ZB,
Publish Date
Tue, 25 Jun 2024, 7:14pm
Photo / supplied
Photo / supplied

NZ Rugby posts multi-million dollar loss for 2023

Author
Newstalk ZB,
Publish Date
Tue, 25 Jun 2024, 7:14pm

New Zealand Rugby has posted an $8.9 million dollar net loss for 2023 - the second deficit in a row.

Although spending was reduced from the year prior, a drop in broadcast and match day revenue in a World Cup year saw income fall by $3 million to $268 million dollars.

NZ Rugby CEO Mark Robinson says there's work to be done for the future.

"What we're spending more time on is looking at our strategy - and the role that each of our different stakeholder groups has to play in the game and trying to build more alignment on that."

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