Petro-chemical conglomerate Ineos have dug deep into their pockets to resolve financial differences with New Zealand Rugby over kit sponsorship. 

A settlement has been reached after NZR lodged an injunction at the High Court in Wellington – the figure reportedly in excess of $21 million. 

Ineos get to terminate the deal after three years, and NZR can now attempt to secure a new sponsor. 

Halo Sport Managing Director Simon Porter told Mike Hosking NZR now has some prized assets to sell, and have some time to ensure they get a good deal. 

LISTEN ABOVE 

Petro-chemical conglomerate Ineos have dug deep into their pockets to resolve financial differences with New Zealand Rugby over kit sponsorship.&nbsp;
A settlement has been reached after NZR lodged an injunction at the High Court in Wellington – the figure reportedly in excess of $21 million.&nbsp;
Ineos get to terminate the deal after three years, and NZR can now attempt to secure a new sponsor.&nbsp;
Halo Sport Managing Director Simon Porter told Mike Hosking NZR now has some prized assets to sell, and have some time to ensure they get a good deal.&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,...

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Simon Poter: Halo Sport Managing Director on the settlement between Ineos and NZ Rugby

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/08105280-475e-4fe7-a708-b2b201496301/transcript