New Zealand Rugby boss Mark Robinson has issued a stern warning along the lines of “adapt or die”.
This warning has also resonated across various New Zealand betting sites as bettors anticipate changes in the sport.
Robinson in an interview with a popular sports news broadcaster confirmed a projected loss well in excess of $40 million for the current year. The amount anticipated in losses represents nearly half of the organisation’s disposable cash resources, confirmed the CEO.
In order to survive the onslaught of a crisis of global proportions, some significant changes will have to be made to the very fabric of the national sport, said Robinson. A whole new landscape has started to take shape at franchise as well as at international level, explained the chief executive.
Fans engaging in rugby betting are particularly interested in how these financial challenges might influence future matches and odds.
Robinson also commented briefly on Sanzaar’s message of “unity” delivered earlier this week. Every message received from South Africa in recent times, said Robinson, only served to confirm the theme of Sanzaar’s own approach and call to action. Sanzaar’s message revolved around a new spirit of unity needed regarding the flagship southern hemisphere competition, the Rugby Championship.
As far as NZR’s finances are concerned, “challenging” appears to be the word that comes to mind, said Robinson. And its according to the rugby boss a challenge threatening the very survival of the game at every conceivable level. Not unlike everyone else in world rugby, the All Blacks too, will be required to tighten their belts, explained the CEO. The focus right now will be the formulation of a short-term financial model focused on interim survival until such time as opportunities for long-term growth become available, said Robinson.
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More About Gary Hicks
When it comes to knowing what’s going on, on the track, field or any other sporting arena, Gary Hicks is your man. With an almost unrivalled passion for journalism, sports and betting Gary decided to combine his love of all 3 and share his expertise with the world.
In the last few years Gary has risen through the ranks and prides himself on always keeping a finger on the pulse of what’s hot and happening in the sports betting world. Gary is the resident news expert at OnlineBettingNZ.co.nz and his articles make for invaluable fodder for any avid punter.
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