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."

LISTEN ABOVE

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."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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