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Gregor Paul: How NZ Rugby reached settlement with departing sponsor

  • New Zealand Rugby and Ineos settled their sponsorship contract dispute on April 1, 2025.
  • Ineos, owned by Sir Jim Ratcliffe, sought to adjust the sponsorship due to high energy costs.
  • The legal action followed Ineos' alleged failure to pay a sponsorship installment for 2025.
  • Both parties released a joint statement: "New Zealand Rugby and INEOS can confirm that a settlement has been reached between the two parties."
  • Both organizations stated satisfaction with the outcome, desiring to move forward; settlement details remain confidential.
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NZ Herald broke the news in Auckland, New Zealand on Monday, March 31, 2025.
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