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The Hurricanes have revealed a $2 million loss is projected for the current financial year, after announcing a new leadership structure.
Local developer Malcolm Gillies has stepped in to buy the Wellington Rugby Union's 50% stake in the Super Rugby franchise.
NZ Rugby will also take a minority shareholding and bolster the 'Canes with loans.
Interim CEO Tony Philp told Andrew Dickens rugby’s had a difficult few years, but there’s certainly opportunities at the club to settle the finances moving forward.
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See omnystudio.com/listener for privacy information.
By Newstalk ZBThe Hurricanes have revealed a $2 million loss is projected for the current financial year, after announcing a new leadership structure.
Local developer Malcolm Gillies has stepped in to buy the Wellington Rugby Union's 50% stake in the Super Rugby franchise.
NZ Rugby will also take a minority shareholding and bolster the 'Canes with loans.
Interim CEO Tony Philp told Andrew Dickens rugby’s had a difficult few years, but there’s certainly opportunities at the club to settle the finances moving forward.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.

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