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13 Jul 2024 17:55
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  •   Home > News > Business

    NZ Rugby CEO says further work needed to achieve sustainable model following $8.9m loss

    NZR CEO Mark Robinson says further work is needed to achieve a sustainable financial model following an 8.9-million dollar net loss for 2023 - the second loss in as many years


    Although spending was reduced from the year prior, a drop in broadcast and matchday revenue in a World Cup year saw income fall by three-million dollars to 268-million dollars.

    Domestic competitions and game development programmes remain the biggest NZR costs.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     13 Jul: ew electric passenger trains have arrived in Auckland - with more due over the next few weeks
     13 Jul: An Australian RTD brand is still selling it's products here despite it's appeal to minors
     12 Jul: The retail sector may need to hang on just a little longer
     12 Jul: Dairy farmers are relieved Synlait milk will live to see another day, after winning shareholder approval to take out a 130-million dollar loan
     12 Jul: Belief South Island dairy processor Synlait has been handed a life line, but not a life saver
     12 Jul: Reassuring investors big and small will be the goal, as Synlait works to raise capital
     12 Jul: Anxiety as Morrison-era Cashless Debit Card is flagged as possibly returning amid cost-of-living crisis
     Top Stories

    RUGBY RUGBY
    Any sign of uncertainty from England over the All Blacks' game plan has disappeared, heading into tonight's second test at Eden Park More...


    BUSINESS BUSINESS
    ew electric passenger trains have arrived in Auckland - with more due over the next few weeks More...



     Today's News

    Entertainment:
    Kris Jenner has hinted she might get married when she turns 70 next year 17:34

    Law and Order:
    A judge has called a Waikato man a coward, after punching his 30-week pregnant partner 17:27

    Entertainment:
    Prince William "truly" believes homelessness can be "ended" 17:04

    Netball:
    The struggling Southern Steel netball side are searching for a new coach 16:57

    Entertainment:
    Meghan, Duchess of Sussex is said to be "very pleased" with the "strong start" for American Riviera Orchard 16:34

    Sailing:
    The Black Foils are trying to keep things on an even keel ahead of this weekend's SailGP final in San Francisco 16:17

    Rugby:
    Any sign of uncertainty from England over the All Blacks' game plan has disappeared, heading into tonight's second test at Eden Park 16:07

    International:
    Meta lifts restrictions on Donald Trump's Facebook and Instagram accounts 16:07

    Entertainment:
    Pete Davidson has split from Madelyn Cline 16:04

    Netball:
    Retired Silver Fern Sulu Fitzpatrick believes this afternoon's ANZ Premiership showdown between the Mystics and Central Pulse on the North Shore is the biggest match of the netball season to date 15:57


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