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16 Jul 2024 17:47
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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
     16 Jul: Air New Zealand has outlined its plan to reclaim the crown as the world's best airline
     16 Jul: The Government's dished out a 12.3-million dollar boost towards Nelson's storm recovery
     15 Jul: A Christchurch barber's failed bid at having an indoor amusement park - has instead ended in nearly a-million dollars' debt
     15 Jul: Property listings continue to increase as sales slump nationwide
     15 Jul: The housing slump is continuing
     14 Jul: Special Agent, Kevin Rojeck says the FBI has deployed a number of resources, including intelligence analysts working to identify the person and motive behind the attack
     14 Jul: A homicide investigation is underway after a man was found dead in a car in Auckland's Mt Wellington
     Top Stories

    RUGBY RUGBY
    An uncomfortable review session for one half of the All Blacks squad More...


    BUSINESS BUSINESS
    Air New Zealand has outlined its plan to reclaim the crown as the world's best airline More...



     Today's News

    Entertainment:
    Matthew Perry's ketamine suppliers are reportedly close to being snared by police probing the 'Friends' actor's death 17:28

    Law and Order:
    A Christchurch gang associate's due in court charged with possessing drugs and an offensive weapon - after a routine bail check by officers with a keen sense of smell 17:27

    International:
    Trump makes surprise convention appearance as Biden's high-stakes interview airs — as it happened 17:08

    Entertainment:
    Harry Styles stunned fans when he emerged as a surprise guest during Steve Nicks' emotional headline set at London's BST Hyde Park 16:58

    Business:
    Air New Zealand has outlined its plan to reclaim the crown as the world's best airline 16:57

    Rugby League:
    Queensland coach Billy Slater's taken a swipe at Australian media after shutting down rumours of a rift between the coaching staff and Selwyn Cobbo ahead of State of Origin game three tomorrow night 16:37

    Entertainment:
    Billie Eilish ranks people smelling good "No1" in her list of turn-ons 16:28

    Rugby League:
    The Warriors will be without fullback Charnze Nicoll-Klokstad and wing Marcelo Montoya for Friday's NRL game against the Raiders in Canberra 16:27

    International:
    Hacking group Nullbulge claims to have carried out major cyber attack on Disney 16:07

    Entertainment:
    Alec Baldwin's 'Rust' trial has been dropped - with the actor bursting into tears at the shock news. 15:58


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