New Zealand Rugby records another loss despite record revenue

New Zealand players huddle after the international test match against Japan on October 29, 2022 (by Kenta Harada/Getty Images)
New Zealand players huddle after the international test match against Japan on October 29, 2022 (by Kenta Harada/Getty Images)

New Zealand Rugby (NZR) has reported a loss of NZ$47.5m (€26.6m/$29.2m) despite pulling in record revenue of NZ$270.8m, with the governing body stating this is due to a rebuilding phase following Covid-19.

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