Record income for NZ Rugby was not enough to save them from their third yearly deficit in a row. 

Yesterday, NZR Chair David Kirk revealed a $19.5 million loss, despite the body bringing in a record $285 million. 

Former CEO David Moffett told Ryan Bridge it’s symptomatic of rugby around the world. 

He says professional rugby is living in quicksand – no matter where you look, it’s in real trouble. 

LISTEN ABOVE 

Record income for NZ Rugby was not enough to save them from their third yearly deficit in a row.&nbsp;
Yesterday, NZR Chair David Kirk revealed a $19.5 million loss, despite the body bringing in a record $285 million.&nbsp;
Former CEO David Moffett told Ryan Bridge it’s symptomatic of rugby around the world.&nbsp;
He says professional rugby is living in quicksand – no matter where you look, it’s in real trouble.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

David Moffett: Former NZ Rugby CEO on the body reporting a $19.5 million deficit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3cbf8e5d-e49f-476e-8850-b2d701760015/transcript