BVB Targets Investors To Boost Salaries Judge Orders Messi Case To Proceed Sky Moves Into Europe In $9B Deal South African FA Expecting Annual Profit England WC Exit Hits U.K. Pub Operators RFEF Announces '13 Profits Of €2.2M London Olympics Deals Have Yielded $24B ISL Clubs Shell Out $4M On Player Draft AC Milan's U.S. Tour To Bring In $4.7M Int'l Attention Turns To Russia 2018
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/March 28, 2013/Finance
New Zealand Rugby Union Announces Healthy Financial Turnaround
Published March 26, 2013
PAINT IT BLACK: The BUSINESS DESK reported Tew said that "the nine of the 15 provincial unions in the ITM Cup were in the black last year," with a combined surplus of NZ$626,000, compared to a total deficit of NZ$631,000 a year earlier. Tew: "There has been a clear focus by the unions on living within their means. We are not out of the woods by any means, and it remains a very challenging environment for any union to grow revenue from sponsorships and crowds." As part of its strategy plan towards '16, "the rugby union wants the sport to be financially self-sustaining across all levels." To help achieve that, it plans to build a shared-service model for back-office functions, "and create real-time reporting and forecasting tools for all provincial member unions to use" (BUSINESS DESK, 3/26).