Sports 🏉 Rugby

The new Christchurch stadium is named One NZ Stadium and guess what gesture fans are gonna show on camera 😂

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A new league team will help the stadium business eh
 
A new stadium often leads to a boost in attendance as people want to experience it. Also will get people coming back.

The Crusaders are often on top of the competition. Can see them pulling some good crowds if they go on a winning run.

The other factor will be keeping the ticket prices realistic.

As an Aucklander I'm likely in for another 10 years of debating stadiums.
 
Interesting that NZ sports commentators are shy of reporting these numbers;


View: https://youtu.be/6b4S3RmjvLo?si=pJmNdeUjs2S0vg6L

Key take outs;

* NZR is currently servicing an interest-only debt of $10.9 million per year until 2031 (when they need to find a way of handing over c$400m to Silver Lake, and there is no TV deal or Super Rugby areement after 2030 - N.B., the current TV deal is down 30% on the previous one)

* The NZRU consolidated losses of $47.5M in 2022, $8.9M in 2023, and $19.5M in 2024. Despite the "record revenue" the board touts, the bottom line is hemorrhaging cash - borrowed cash!

* The registered playing base has dropped from 31,000 to 23,000 in just a few years—a 30% collapse in talent production (spun by the board as great news as the women's game is growing)
 
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Key take outs;

* NZR is currently servicing an interest-only debt of $10.9 million per year until 2031 (when they need to find a way of handing over c$400m to Silver Lake, and there is no TV deal or Super Rugby areement after 2030 - N.B., the current TV deal is down 30% on the previous one)

* The NZRU consolidated losses of $47.5M in 2022, $8.9M in 2023, and $19.5M in 2024. Despite the "record revenue" the board touts, the bottom line is hemorrhaging cash - borrowed cash!

* The registered playing base has dropped from 31,000 to 23,000 in just a few years—a 30% collapse in talent production (spun by the board as great news as the women's game is growing)

Wait so the 23,000 number includes women which is growing? 🤣

That would mean even more men leaving the game
 
Wait so the 23,000 number includes women which is growing? 🤣

That would mean even more men leaving the game
Nah, thats guys and boys - they use the women's numbers to back uo their bullshit that the game is growing (but they ain't gonna play for the all blacks1🤣)

The whole management of the game in NZ since the players were allowed to be paid is a car crash being played out in slow motion in front of our eyes - in 2031 they will have no cash, they won't have a profesional competition, they won't have a TV deal and Silver Lake will probably take the all blacks around the world playing exhibition games until they've got their promised $400m.
 
Nah, thats guys and boys - they use the women's numbers to back uo their bullshit that the game is growing (but they ain't gonna play for the all blacks1🤣)

The whole management of the game in NZ since the players were allowed to be paid is a car crash being played out in slow motion in front of our eyes - in 2031 they will have no cash, they won't have a profesional competition, they won't have a TV deal and Silver Lake will probably take the all blacks around the world playing exhibition games until they've got their promised $400m.
They already play exhibition matches in the likes of Asia/US most years
 
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