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Mark Robinson: NZ Rugby CEO on organisations $9 million financial loss in 2023
Manage episode 425649136 series 2098285
New Zealand Rugby is on shaky ground.
It made a loss of almost $9 million in 2023, the second loss making year in a row after 2022’s loss of $47 million.
NZR CEO Mark Robinson said that further work is needed to achieve a sustainable financial model, but he was positive about the organisation’s future.
He told Mike Hosking that the way things developed over the last 20-25 years means they’ve got a really high fixed cost base, and they’re working really hard with shareholders to try and alter that.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
5441 episodes
Manage episode 425649136 series 2098285
New Zealand Rugby is on shaky ground.
It made a loss of almost $9 million in 2023, the second loss making year in a row after 2022’s loss of $47 million.
NZR CEO Mark Robinson said that further work is needed to achieve a sustainable financial model, but he was positive about the organisation’s future.
He told Mike Hosking that the way things developed over the last 20-25 years means they’ve got a really high fixed cost base, and they’re working really hard with shareholders to try and alter that.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
5441 episodes
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