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Mark Robinson: NZ Rugby CEO on the body posting a $19.5 million loss
Manage episode 481442181 series 2098285
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.
7151 episodes
Manage episode 481442181 series 2098285
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.
7151 episodes
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