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NZ Rugby CEO sees a positive future despite the organisation's financial loss

Author
Newstalk ZB,
Publish Date
Wed, 26 Jun 2024, 11:22am
Photo / Photosport
Photo / Photosport

NZ Rugby CEO sees a positive future despite the organisation's financial loss

Author
Newstalk ZB,
Publish Date
Wed, 26 Jun 2024, 11:22am

New Zealand Rugby is on shaky ground. 

It made a loss of almost $9 million in 2023, the second loss making year in a row after 2022’s loss of $47 million. 

NZR CEO Mark Robinson said that further work is needed to achieve a sustainable financial model, but he was positive about the organisation’s future. 

He told Mike Hosking that the way things developed over the last 20-25 years means they’ve got a really high fixed cost base, and they’re working really hard with shareholders to try and alter that. 

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