NZ Rugby Posts Massive Finiancial Loss

NZ Rugby Posts Massive Finiancial Loss

New Zealand Rugby has announced a staggering loss of NZ$7.4 million loss for the 2019 financial year.

The loss is largely related to the global COVID-19 pandemic which has stopped all sport in its tracks for the foreseeable future.

New Zealand Rugby chairperson, Brent Impey said:

We face significant challenges, but many are not new with continued demand for our players overseas, the need to stay relevant to young people and adapt to fast moving technologies."

 

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