New Zealand Rugby has posted a $19.5 million loss for 2024. 

Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years. 

NZR is trumpeting record income of $285 million dollars against the loss. 

CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years.  

He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through. 

LISTEN ABOVE 

New Zealand Rugby has posted a $19.5 million loss for 2024.&nbsp;
Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years.&nbsp;
NZR is trumpeting record income of $285 million dollars against the loss.&nbsp;
CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years. &nbsp;
He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through.&nbsp;
LISTEN ABOVE&nbsp;

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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

Mark Robinson: NZ Rugby CEO on the body posting a $19.5 million loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ad24ab61-92f0-491f-80b8-b2d7015b89e6/transcript