NZ’S SUPER RUGBY TEAMS SEEK COMPENSATION

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   https://www.sportindustry.co.za/news/nz%E2%80%99s-super-rugby-teams-seek-compensation
The private companies that own the licences for four Super Rugby teams from New Zealand are seeking compensation from New Zealand Rugby.

The companies are seeking the compensation for an expected drop in revenues due to a league format change.

The Chiefs, Hurricanes, Crusaders and Highlanders expect their gate receipts to fall significantly next season due to a reduction in the number of local derbies. Super Rugby is contracting to 14 teams in 2021, with the departure of Japan’s Sunwolves. The competition is moving from a regional conference format to a single league, round-robin format, meaning fewer head-to-heads between New Zealand teams.

Super Rugby’s private licence-holders run the operational and business functions of Super Rugby teams and the teams have already rejected one offer from NZ Rugby.

The teams also want a move to perpetual licences – the current licence system is time-limited.

There are five New Zealand Super Rugby teams in total – the Blues no longer have a private licence after it was acquired by NZ Rugby last year due to poor performance on and off the pitch. NZ Rugby is currently looking for a new private licence-holder for the team.

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Transvaal Members Profile Send Private Message Find Members Posts Add to Buddy List Admin Group Joined: 30-Mar-2016 Status: Offline Points: 40298	Post Options Post Reply Quote Transvaal Report Post Thanks(0) Quote Reply Topic: NZ’S SUPER RUGBY TEAMS SEEK COMPENSATION Posted: 07-Feb-2020 at 7:40am
	https://www.sportindustry.co.za/news/nz%E2%80%99s-super-rugby-teams-seek-compensation The private companies that own the licences for four Super Rugby teams from New Zealand are seeking compensation from New Zealand Rugby. The companies are seeking the compensation for an expected drop in revenues due to a league format change. The Chiefs, Hurricanes, Crusaders and Highlanders expect their gate receipts to fall significantly next season due to a reduction in the number of local derbies. Super Rugby is contracting to 14 teams in 2021, with the departure of Japan’s Sunwolves. The competition is moving from a regional conference format to a single league, round-robin format, meaning fewer head-to-heads between New Zealand teams. Super Rugby’s private licence-holders run the operational and business functions of Super Rugby teams and the teams have already rejected one offer from NZ Rugby. The teams also want a move to perpetual licences – the current licence system is time-limited. There are five New Zealand Super Rugby teams in total – the Blues no longer have a private licence after it was acquired by NZ Rugby last year due to poor performance on and off the pitch. NZ Rugby is currently looking for a new private licence-holder for the team.