If the deal goes ahead, it will be interesting to see the breakdown of income streams in years to come and whether it lives up to the hype.
NZ Rugby is already largely comprised of its commercial operations. Its 2020 accounts will get filed at this month’s annual meeting –scheduled for the 29th – where the unions will vote on whether to agree to a final proposal.
In calendar 2019, the national union generated income of $187.1 million, of which $57.5m was from broadcasting rights, $72.9m from sponsorship and licensing, and $16.4m from matchday takings. $27.9m of other income largely came from the union’s $20.2m of Rugby World Cup grants and $5m from NZ government grants.
Of its $194.5m expenditure that year, $54.2m went to the national teams, $92.3m to competitions and $14.1m on administration. Another $33.3m went to game development through NZ Rugby’s distributions to the 26 provincial unions.
In 2018 and 2019, that sets the commercial operations cost base at about $150m, with commercial income of almost $170m in 2018 and $147m the following year.
How that will actually look under a new model hasn’t been ironed out yet, with the prospective deal with Silver Lake still just a proposal.
Source: https://businessdesk.co.nz/article/finance/the-missing-silver-lake-link-and-all-blacks-ltd