News24

RWC losses less than expected

2012-05-30 08:53

Melbourne - The organisers of last year's Rugby World Cup in New Zealand reported a final loss of NZ$31.3 million ($23.89 million) on Wednesday, some 20 percent less than had been forecast.

Rugby New Zealand 2011, a joint venture between the New Zealand government and the New Zealand Rugby Union (NZRU), had expected losses closer to NZ$40 million

In the run-up to the World Cup, organisers had to contend with the impact of the global financial crisis as well as the deadly Christchurch earthquake, which forced the switching of seven matches less than six months before the event.

The NZRU will cover NZ$10 million of the loss with the balance coming from the public purse.

World Cup minister Murray McCully said the country would, however, continue to benefit economically from successfully hosting rugby's showpiece event for years to come.

"We welcomed 133 000 visitors to our shores and we were superb hosts for a great six-week celebration," he said in a statement.

"The huge television audiences and extensive media coverage generated by the tournament boosted our international profile.

"We also forged valuable new business partnerships and showed the world we are a smart and innovative economy capable of delivering major global events.

"We made the most of being in the world's spotlight, so this result really is the icing on the cake."

New Zealand delighted their home fans by beating France in the final to win the tournament which will next be held in England in 2015, while Japan will be Asia's first hosts four years later.

($1 = NZ$1.3104)

Reuters

Comments
  • PumaFred - 2012-05-30 09:52

    Interesting..... NZ made a Loss on WC rugby and their government is covering part if it. Must be all the South African that moved to NZ causing things to be so Third World.

  • Werner - 2012-05-30 10:07

    No wonder they used Bryce Lawrence to screw us out of the world cup! Just imagine how Pee'd off the New Zealand public would have been if they had to pay $31Mil just to loose to SA in the Final! he he he he

      jay187 - 2012-05-30 10:52

      What makes you think that NZ would have lost to SA at the World Cup ? You guys had 2 terrible Tri Nations previous to it ?? I read alot of these kind of comments on here saying that "NZ are lucky they didnt play SA" and "thats the only reason why they won" etc etc. Did you really think the Boks wouldve beaten the ABs at Eden Park ? When was the last time that happened ? When was the last time anyone beat the ABs at Eden Park ? Or in NZ for that matter ? From memory the ABs lost in Hamilton against the Boks 4 years ago and before that was to England 9 years ago so why are you so confident you wouldve beaten them at home ?

      John - 2012-05-30 11:23

      Well Jay187 SA might not have won but with New Zealands track record in the World Cup and buckling under the pressure I think there was a very good chance of SA beating the All Blacks at Eden Park. I was at the final at Eden park and NZ were definitely losing their BMT against a mediocre French team. It is a shame NZ have only ever been able to win the RWC on home soil :)

      Jaco - 2012-05-30 12:18

      Jay, I hear you. That said, I do believe that SA were the only team at the World Cup who realisticly stood a chance of beating the AB's. But the world is not build on "what if's" and in my mind NZ needed this win. I dont think their team would ever have been forgiven for losing it again in their own country too.

  • goyougoodthing - 2012-05-30 10:28

    Clearly these kinds of events do not make any sense. I would rather watch a Super Rugby final after 17 weeks of fierce competition than a 6 game luck of the draw with players who only got together last Tuesday. Internationals make no sense...

  • Andrew - 2012-05-30 10:47

    Maybe Bryce did get his share.............. or was it Paddy

  • jay187 - 2012-05-30 12:49

    Jaco and John (for some reason I cant reply to my own post) I agree that the ABs have a horrible record at the WC. And if we lost it at home I dont even know what the consequences would have been, dont even want to imagine. I also agree that if any team were to beat us it woulda been the Saffas, seems at that stage the ABs didnt really fear the Wobblies, having won something like 13 out of 15 of the last games. NZ were second best in the WC final, most of us Kiwis will tell you that but we deserved the competition as a whole, by far. If any team in world sport deserved any trophy it would be the ABs and the Rugby World Cup. Back to the point.. Im still not convinced that had the ABs and Boks faced off in the semis (like they should have, even us here at home believe that Bryce Lawrence would be better off reffing high school games) that the Boks woulda won.

      Jaco.Loots - 2012-05-30 13:28

      Jay187,\r\n\r\nI agree that if the Boks and the AB met in the semi's it would have been a fierce battle that could have gone any way, BUT :\r\n\r\nThe issue is that a incompetent ref stole our oppertunity not the AB's! To add insult to injury - he stole the WC FROM the AB's! History might reflect that it is standing in NZ, but the whole of the rugby watching world knows the story!\r\n\r\nSend Bryce to Japan - for training!

      Phillip - 2012-05-30 14:08

      Hi Jay. Yes, there's no telling who would have won, should the 'Blacks and the 'Boks have met along the way. It was 'the game' of the tournament, after all. Trouble is, though, clearly this possibility was predetermined not to happen by Paddy and Bryce. The financial loss pales into insignificance compared to the loss the misguided pair have caused their team and countrymen. They have robbed them of ever knowing if they are, indeed, true champions, and have put a permanent dampener on what was so eagerly anticipated, for over twenty years. Witness the patently subdued on-field celebrations by Ritchie and co, and the short-lived nature of any elation the genuine rugby follower might have had. What I find most surprising, however, is why a proper investigation into the actions of the bent brothers has not been demanded, and why everyone (the result of their nefariousness aside) is simply prepared to 'move on'. Oh, well - I guess some things we'll never know...

      jay187 - 2012-05-30 15:24

      I think we can all agree it woulda been better for the tournament had NZ and SA squared off like what should have been. Phillip, I cant really be bothered firing up a storm here, but what you are saying can be, in many ways, be compared to the '95 World Cup ? Should there have been an investigation there ? Look, even as a staunch All Black supporter I think that it was awesome for South Africa winning that World Cup and great for your country. Nelson Mandela lifting the trophy is a world wide iconic moment. But seeing some ABs vomiting on the side of the pitch during the game, I can liken to your exact words "What I find most surprising, however, is why a proper investigation into the actions of the bent brothers has not been demanded". I guess were 1 all then.

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