Revenue: Down to $267.9 million for the year ended December 2023, from $270.5m in 2022.
Loss: Improved to $8.9m from $47.5m the year before.
Main takeaway: While total expenditure dropped, income also fell due to the 2023 men’s Rugby World Cup tournament and its impact on revenue from broadcasting rights and matchday takings.
New Zealand Rugby has narrowed its annual loss in the first full financial year since sealing its partnership with Silver Lake and the formation of its new joint venture commercial arm.
The national rugby-governing body has reported a loss of $8.9 million for the year to the end of December 2023,
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Revenue: Down to $267.9 million for the year ended December 2023, from $270.5m in 2022.
Loss: Improved to $8.9m from $47.5m the year before.
Main takeaway: While total expenditure dropped, income also fell due to the 2023 men’s Rugby World Cup tournament and its impact on revenue from broadcasting rights and matchday takings.
