Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 

NZ Soccer to get more than $350,000 from TAB

Friday 28 June 2002


The phenomenal success of the World Cup will see New Zealand Soccer receive more than $350,000 from the TAB, figures released today show.

TAB head bookie Pete Young said total turnover on the World Cup had now exceeded $20 million and with two more games to go was likely to hit close to $22 million.

Under the TAB’s sports betting rules, New Zealand sports associations receive a guaranteed one percent of turnover and five percent of profit from betting on their sport.

“That means we will be writing New Zealand Soccer out a cheque for more than $350,000,” Pete Young said.

New Zealand Soccer chief executive Bill MacGowan is thrilled with the windfall: “The money will be a great shot in the arm for our academy and youth development programmes.”

“New Zealand Soccer budgeted for a substantial sum but the extra will be well received. In the short term, the Under-20 tournament in Christchurch in November, with Uruguay, Peru, Mexico and our own Under-20 squad, will benefit.”

New Zealand Soccer received $115,000 from the TAB after the last Soccer World Cup in France in 1998. Turnover on that event was $5.2 million.

The Soccer World Cup is now the TAB’s highest ever sports betting event, surpassing the $11.6 million bet on the 2002 Telecom Super 12.

********


© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
Legendary Bassist David Friesen Plays Wellington’s Newest Jazz Venue

Friesen is touring New Zealand to promote his latest album Another Time, Another Place, recorded live at Auckland's Creative Jazz Club in 2015. More>>

Howard Davis Review: The Father - Descending Into The Depths of Dementia

Florian Zeller's dazzling drama The Father explores the effects of a deeply unsettling illness that affects 62,000 Kiwis, a number expected to grow to 102,000 by 2030. More>>


Howard Davis Review: Blade Runner Redivivus

When Ridley Scott's innovative, neo-noir, sci-fi flick Blade Runner was originally released in 1982, at a cost of over $45 million, it was a commercial bomb. More>>

14-21 October: New Zealand Improv Festival In Wellington

Imagined curses, Shibuya’s traffic, the apocalypse, and motherhood have little in common, but all these and more serve as inspiration for the eclectic improvised offerings coming to BATS Theatre this October for the annual New Zealand Improv Festival. More>>

ALSO:

Bird Of The Year Off To A Flying Start

The competition asks New Zealanders to vote for their favourite bird in the hopes of raising awareness of the threats they face. More>>

Scoop Review Of Books:
Jenny Abrahamson's John & Charles Enys: Castle Hill Runholders, 1864-1891

This volume will be of interest to a range of readers interested in the South Island high country, New Zealand’s natural environment, and the history of science. More>>

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION