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16 Jul 2024 19:27
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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
    Billy Proctor has declared himself injury-free as he shakes off a rib issue and prepares for a possible test debut for the All Blacks against Fiji on Saturday 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:
    Rebel Wilson is being sued for defamation 18:58

    Rugby:
    Billy Proctor has declared himself injury-free as he shakes off a rib issue and prepares for a possible test debut for the All Blacks against Fiji on Saturday 18:57

    Politics:
    The Associate Health Minister wants patients involved in Pharmac decision making 18:37

    Entertainment:
    Jamie Oliver wants his children to "struggle as much as possible" 18:28

    International:
    Donald Trump makes an appearance, and three other big moments from the Republican convention's first day 18:17

    Rugby League:
    Roger Tuivasa-Sheck will shift to the wing in the absence of Marcelo Montoya for Friday's NRL fixture against the Raiders in Canberra 18:07

    Law and Order:
    A police car's crashed en route to a Hamilton callout this morning 18:07

    Entertainment:
    Paris Hilton felt an instant connection with her new song 'Chasin'' because it's about walking away from "toxic relationships" 17:58

    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


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