The Wellington Rugby Union has exited its 50% shareholding of the Hurricanes, with a group led by Upper Hutt developer Malcolm Gillies taking the stake in the Super Rugby franchise.

It follows several years of significant financial losses for the Hurricanes, something the WRFU had to stomach as a 50% owner.

Adam Cooper spoke to WRFU CEO Tony Giles on what this means for the union going forward.

LISTEN ABOVE

The Wellington Rugby Union has exited its 50% shareholding of the Hurricanes, with a group led by Upper Hutt developer Malcolm Gillies taking the stake in the Super Rugby franchise.
It follows several years of significant financial losses for the Hurricanes, something the WRFU had to stomach as a 50% owner.
Adam Cooper spoke to WRFU CEO Tony Giles on what this means for the union going forward.
LISTEN ABOVE

Every Saturday morning, Adam Cooper brings you the best in local, national and international sport.

Previews, reviews, results and reaction from our own backyard, around New Zealand and across the world.

If it’s sport, we’ll cover it ... with a gold and black tinge!

All Sport Breakfast with Adam Cooper, 7 - 9am Saturdays on Newstalk ZB.

Every Saturday morning, Adam Cooper brings you the best in local, national and international sport.
Previews, reviews, results and reaction from our own backyard, around New Zealand and across the world.
If it’s sport, we’ll cover it ... with a gold and black tinge!
All Sport Breakfast with Adam Cooper, 7 - 9am Saturdays on Newstalk ZB.

All Sport Breakfast Wellington

Tony Giles: Wellington Rugby CEO on divesting its 50% shareholding of the Hurricanes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2929f64d-f651-4b51-8e31-b3b1016a02a9/transcript

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