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Mark Robinson: NZ Rugby CEO on the body posting a $19.5 million loss

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Manage episode 481442181 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

New Zealand Rugby has posted a $19.5 million loss for 2024.

Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years.

NZR is trumpeting record income of $285 million dollars against the loss.

CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years.

He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7151 episodes

Artwork
iconShare
 
Manage episode 481442181 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

New Zealand Rugby has posted a $19.5 million loss for 2024.

Since NZR brought US fund manager Silver Lake on as an equity partner in June 2022, the national body has posted total accumulated losses of around $76 million over three years.

NZR is trumpeting record income of $285 million dollars against the loss.

CEO Mark Robinson told Mike Hosking that much of the deficit is as a result of investment, and putting all those aside, the deficit is just under $6 million over the last four years.

He says that they’re making choices to fund investment and growth for the future, and you can see some green shoots coming through.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7151 episodes

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