RugbyNews

New Zealand Rugby Launches Legal Action Against INEOS Over Alleged Breach of Sponsorship Agreement

2 months ago

In a significant development within the sports business landscape, New Zealand Rugby (NZR) has initiated legal proceedings against INEOS, the multinational chemicals company, alleging a breach of contract regarding a sponsorship deal that was originally expected to bolster the financial landscape of rugby in the region. The lawsuit, filed in a prominent court, serves as a pivotal moment for both the sport and the sponsor, with potential implications that could ripple through the industry.

Setbacks and New Opportunities: Ackerley's Ambitions in South African Rugby

3 months ago

In a bold and strategic move, Ackerley, a prominent sports investment firm, is planning to pursue a fresh deal in the South African rugby market following the unsuccessful bid for a major local franchise. The firm initially sought to acquire a stake in a team, aiming to establish a stronger foothold in a sport that is rapidly growing in popularity and commercial viability. However, their first attempt was met with resistance, prompting the company to reassess its strategy and consider alternative approaches.