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.
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