New Zealand Rugby is on shaky ground.
It made a loss of almost $9 million in 2023, the second loss making year in a row after 2022’s loss of $47 million.
NZR CEO Mark Robinson said that further work is needed to achieve a sustainable financial model, but he was positive about the organisation’s future.
He told Mike Hosking that the way things developed over the last 20-25 years means they’ve got a really high fixed cost base, and they’re working really hard with shareholders to try and alter that.
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