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

 

NZRL reports surplus for 2016/17

Monday, June 19, 2017

NZRL reports surplus for 2016/17

New Zealand Rugby League will report a 2016/17 surplus of $643,000 at the Annual General Meeting in Auckland later this month.

This year’s pleasing financial result is up from the $342,000 surplus reported last year. The Perth Test match and UK Four Nations delivered returns ahead of budget.

Reserves of $1.0 million have now been accumulated heading into the 2017 Rugby League World Cup from which NZRL receives no financial return. NZRL anticipates reporting a $1.0 million loss for the 2018 financial year which these reserves will fund, as international rugby league remains the key income source.

The international calendar for 2018-2021 has been approved by the Rugby League International Federation. There will be announcements on 2018 fixtures in the coming months which will have the Kiwis playing at home annually.

“This year’s financial surplus is pleasing,” NZRL chairman Garry Fissenden says.

“With confirmation from the RLIF that the Kiwis will host a Test in New Zealand each year, we can be confident of NZRL’s financial security going into the 2017/18 year and beyond.”

The New Zealand Rugby League AGM is scheduled for 10am, Monday, June 26 at its Penrose headquarters, 7 Beasley Ave, Auckland. Please RSVP if you wish to attend.

Download a copy of the 2016/17 NZRL Annual Report here.

-Ends-


© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
Review: A Rose By Any Other Name Would Smell As Sweet

The Royal New Zealand Ballet has accepted the challenge of this heart-touching tragedy and largely succeeded. More>>

ALSO:

NZ's First Male IAAF Gold: Tom Walsh's Historic Shot Put Victory

Although feeling very sore but with a great feeling Tom Walsh took his place as number one on the victory dais to receive his much deserved gold medal. More>>

ALSO:

Scoop Review Of Books: Q&A: Hard To Find Books

"Unfortunately we are in crisis and this friendly dinosaur faces extinction… Our only hope is to try and raise funds to buy the building and restore it to its glory, either fully funded or with a viable deposit." More>>

Kid Lit: Lost Mansfield Story Discovered At Wellington Library

Previously undiscovered letters and a story written by a young Katherine Mansfield were recently unearthed in Wellington City Library’s archives by a local author researching a book about the famous writer. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION