NZ Rugby posts massive financial loss, despite record income for 2024

New Zealand Rugby posts huge loss despite record income and All Blacks success

The union posted a third consecutive loss despite income of £127m

NZ Rugby’s deficit widens despite record income - NBR | The Authority since 1970

Rugby body cites ‘ineffective’ foreign exchange hedging for Ineos deal and investment in commercial initiatives as reasons for the loss.

NZ Rugby reports $19.5m loss

NZ Rugby (NZR) has recorded a $19.5 million loss for the 2024 financial year. The result was announced at Thursday's AGM in Wellington; however the...

NZ Rugby posts massive financial loss, despite record income for 2024

New Zealand Rugby (NZR) has posted a loss of $19.5 million for 2024, despite also bringing in record income. The result was announced at Thursday’s AGM in...

NZ Rugby to declare financial loss as provinces seek answers

NZ Rugby will post a loss for 2024 as provincial unions seek answers on vexing issues at the annual meeting in Wellington on Thursday.

New Zealand Rugby post £8.7m loss months after Ineos saga

New Zealand Rugby has posted a third consecutive loss despite the firm – which encompasses the All Blacks – achieving record income. A NZ$19.5m (£8.7m) loss for 2024 follows losses of NZ$8.9m (£4m) and NZ$47m (£21m) in 2023 and 2022 respectively. While nowhere near the £34.3m loss at England’s Rugby Football Union recently, the 2024 report comes just months after New Zealand Rugby launched a legal challenge against Sir Jim Ratcliffe’s Ineos over…