State of the Unions. Deloitte Sports Review

Deloittes

Deloittes

2012

Deloitte Corporate Finance, New Zealand

Grant Jarrold – Partner

Tel: +64 (0) 3 363 3809

Email: gjarrold@deloitte.co.nz

Brett Chambers – Partner

Tel: +64 (0) 3 363 3810

Email: bchambers@deloitte.co.nz

Brent Schumacher – Manager

Tel: +64 (0) 3 363 3875

Email: brentschumacher@deloitte.co.nz

Hayden Garbutt – Manager

Tel: +64 (0) 3 363 3843

Email: hgarbutt@deloitte.co.nz

Through a financial review of each union’s
annual financial accounts, our findings show that
collectively revenues are falling and accumulated
reserves are being eroded. This, combined with
the well documented difficulties of several
unions, highlights the increasing pressures
placed on those charged with the operational
and financial stewardship of the game. There are
signs the unions are responding, but there is still
some way to go.

In the past, large corporate sponsorships and
other grants have filtered into the grass roots
game. Today, the availability of these funds in a
commercial environment still recovering from the
global financial crisis has diminished.

So now, more than ever, community participation
and support is crucial to the on-going success of
the country’s provincial unions, and its favourite
team and 2011 Rugby World Cup champions, the
All Blacks.

Keywords:

Financial review, funding

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Rugby

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November 21, 2012

November 21, 2012