Strong year for New Zealand Rugby
Winning All Blacks, significant investment in the game, and agreement on broadcasting contracts capped off a satisfying 2014, New Zealand Rugby Chairman Brent Impey said today. Speaking at the organisation’s 123rd AGM held in Wellington, Impey said 2014 was a year to be proud of. “It was another year of great challenge, opportunity and achievement. On the field there were many pleasing performances by our men and women in black. Off the field this organisation ended the year financially strong and can face the future with continued confidence,” he said. “The platform for our continued success relies on our game being financially strong and well led over the long haul. “In 2014 we renewed several significant sponsorships and we signed a heads of agreement with our world class broadcast partner SKY for another five year term from 2016. A major proportion of New Zealand Rugby’s income is already secure with Principal Partner adidas and Major Global Sponsor AIG also contracted for the medium term.” As previously announced, New Zealand Rugby earned a profit of $373,000 in 2014, its third successive year in the black. Cash reserves were slightly down at $62.6 million. “Our profit in 2014 was a modest one, but one that underlines the fundamental fact that we are making substantial investments for the good of the game. We maximise revenue to ensure we can keep investing in the game at a level which is consistent with our reserves policy,” he said. Other highlights of 2014 were:
The 2014 Annual Report is available at www.nzrugby.co.nz. Please click here. Solid 2014 Scoreboard result for organisation Chief Executive Steve Tew said the result was a very solid one and above the average for the past five years. “2014 was a year we can be proud of, but there is always plenty more we can do. While we largely achieved what we set out to in terms of the All Blacks, our financial and commercial work, and managing our key relationships, we did miss our targets in a number of key areas. “The All Blacks Sevens, New Zealand Under 20 and Black Ferns did not achieve the on-field results we set for them and we did not achieve the retention rate increases for Small Blacks, teenagers and referees as well as some viewership and attendance targets for our domestic competitions.” David Rhodes becomes New Zealand Rugby President “We welcome David to the Presidency and wish him all the best during the next two exciting years for New Zealand Rugby,” said Brent Impey. Chairman of the New Zealand Rugby Foundation, Maurice Trapp, was elected Vice President. Trapp is a former Auckland coach and long-time administrator in Auckland and Hawke’s Bay. Two new Board Members Auckland Rugby Chairman Glenn Wahlstrom was elected to the Board. “We look forward to having Glenn around the Board table,” said Impey. “He knows the challenges facing both the professional and community game. That, coupled with his considerable commercial experience at a senior management level, means he is well placed to help us deal with the issues and opportunities ahead over the next three years.” The Special General Meeting in December also approved an additional Appointed Board Member. The Appointments and Remuneration Committee appointed director and executive Richard Dellabarca as the new Appointed Board Member. He has recently returned to New Zealand after 15 years offshore in a variety of CEO, CFO and director positions in finance technology. “Richard brings a fresh perspective having recently returned to New Zealand after a successful commercial career in Europe and we look forward to his contribution,” said Impey. New Zealand Maori Rugby Board Chairman Wayne Peters was re-elected as the Maori representative, defeating Wairarapa RFU Chairman and Wairarapa Maori Rugby Chairman Paora Ammunson. Andy Leslie new Life Member Background information David Rhodes
Maurice Trapp
Glenn Wahlstrom
Richard Dellabarca
Andy Leslie
|
|||||
Related Posts
« EP Kings team to play SWD Eagles Xerox Golden Lions side to play the Leopards »
