Wellington Rugby continues remarkable turnaround
wrfu.co.nz 10 Apr 2013 Getty Images
This ends an exciting year for Wellington Rugby as Chairman, Tony Duffin, explains.
“2012 was a year full of highlights for Wellington Rugby and now we can top off the year with recording a successive profit,” Duffin said.
“The securing of the Hurricanes licence and obtaining the 50% cornerstone share in the franchise was a positive move forward for rugby in the Capital.”
The balance sheet is healthy with the Union continuing to be debt free.
Wellington Rugby CEO, James Te Puni added “Considering the current economic climate and the pressures faced in rugby, it is good to achieve this result and remain debt free. A sound financial result sits alongside an 8% increase in community playing numbers and improvement on the pitch for the Ricoh Wellington Lions.”
“The increase in profit also shows the commitment made to meet financial targets and reflects Wellington Rugby’s strong focus on sustainability.”
Most popular News:
Less than 2,000 tickets for Napier; extra seats added to Wellington27.Aug.2014
Taranaki impressively record first win of the season27.Aug.2014
All Blacks extend lead at top of world rankings27.Aug.2014
New look Auckland kick off Women's Provincial Championship27.Aug.2014
New Zealand Schools and Barbarian Schools coaches announced27.Aug.2014
Perenara and Thrush back in Wellington lineup27.Aug.2014