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Hurricanes seek $1m injection as financial woes persist

Summary by Stuff
The Super Rugby club lost $700,000 in 2024 after a $1.4m deficit in 2023 as depressed crowd numbers hit hard in the capital.

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Hurricanes seek $1m injection as financial woes persist

The Super Rugby club lost $700,000 in 2024 after a $1.4m deficit in 2023 as depressed crowd numbers hit hard in the capital.

·New Zealand
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SA RugbymagSA Rugbymag

Poor crowds, rising costs hit Hurricanes

The Hurricanes have asked shareholders for an additional NZ$1-million (R10.5-million) in capital after a NZ$700,000 (R7.4-million) loss in 2024. The Super Rugby Pacific franchise is owned by the Wellington Rugby Football Union (50%), offshore investors Y11 Sport & Media Group (34.38%), Coastlands chief executive Richard Mansell (12.5%) and Horowhenua Kapiti Rugby Football Union (3.12%). “We’re raising $1-million,” Hurricanes chairman Iain Potter…

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  • 100% of the sources lean Left
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Stuff broke the news in New Zealand on Tuesday, April 1, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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