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16 May 2025 22:37
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 May: Woolworths says it is New Zealand's tax-system which is putting its prices above the rest
     16 May: Global success for dairy, beef and cocoa are continuing to cause New Zealanders' pressure at the checkout
     16 May: Soaring food prices might be hard to swallow
     16 May: Fishing company Sanford says its moves to boost productivity are to thank, for doubling it's half year profit to 34 million dollars
     16 May: A move to streamline requirements for listing on the NZX is being lauded as a win
     16 May: International factors are driving up the cost of food in New Zealand
     15 May: Up to 15 metro-style Briscoe and Rebel Sport stores will be popping up across the country - in a bid to pump up Briscoes group's profitability
     Top Stories

    RUGBY RUGBY
    No qualms from Crusaders lock Antonio Shalfoon over a trio of All Blacks missing from their forward pack for tonight's Super Rugby Pacific clash against the Waratahs in Sydney More...

    BUSINESS BUSINESS
    Woolworths says it is New Zealand's tax-system which is putting its prices above the rest More...


     Today's News

    		 Accident and Emergency:
    Fourteen people have been rescued from a boat that reportedly began taking on water off the coast of Tauranga, east of Motiti Island in the Bay of Plenty 21:57

     Entertainment:
    Scarlett Johansson thinks child stardom can be a "dangerous thing" 21:37

     Law and Order:
    The Police have started a review to ensure police has sufficiently strong controls over police technology and equipment for non-work-related purposes 21:17

     Entertainment:
    Seth Rogen wrote 'The Studio' with Dave Franco "specifically" in mind for a role 21:07

     International:
    What does birthright citizenship mean? Can Trump end it? 21:07

     Entertainment:
    Mel B has praised Eddie Murphy as a "proper father" 20:37

     Entertainment:
    King Charles advocated for the benefits of eating well amid cancer treatment at a Buckingham Palace garden party 20:07

     Entertainment:
    Demi Lovato and Jutes are reportedly set to tie the knot on Memorial Day weekend 19:37

     Entertainment:
    Sofia Vergara wants her next boyfriend to be as rich as she is 19:07

     Rugby:
    No qualms from Crusaders lock Antonio Shalfoon over a trio of All Blacks missing from their forward pack for tonight's Super Rugby Pacific clash against the Waratahs in Sydney 18:57

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