New Zealand Rugby's adamant there was no choice but to reject rescue plans for the financially-strapped Moana Pasifika. 

Moana is officially out of the 2027 Super Rugby season – although there is hope they will be back in the future. 

The franchise fizzles out, owing millions on a loan from the Government through Sport New Zealand. 

Chief financial officer Chris Kinraid told Mike Hosking they made all efforts to save Moana Pasifika, but in the end they had a pretty strict criteria. 

He says they were looking for proposals that had the cash to support the franchise and a sustainable and viable business plan, and both those criteria weren’t met.  

LISTEN ABOVE 

New Zealand Rugby's adamant there was no choice but to reject rescue plans for the financially-strapped Moana Pasifika.&nbsp;
Moana is officially out of the 2027 Super Rugby season – although there is hope they will be back in the future.&nbsp;
The franchise fizzles out, owing millions on a loan from the Government through Sport New Zealand.&nbsp;
Chief financial officer Chris Kinraid told Mike Hosking they made all efforts to save Moana Pasifika, but in the end they had a pretty strict criteria.&nbsp;
He says they were looking for proposals that had the cash to support the franchise and a sustainable and viable business plan, and both those criteria weren’t met. &nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Chris Kinraid: NZ Rugby Chief Financial Officer explains why they rejected bids to save Moana Pasifika

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c5861f22-0542-425e-abcd-b473016304d2/transcript