Low loss caps off Rugby World Cup   30 May 2012

The organisers of Rugby World Cup 2011 (RWC 2011) have posted a tournament end loss 20 per cent better than forecast, capping off a successful event that exceeded all expectations.

Rugby New Zealand 2011 (RNZ 2011) today announced a loss of $31.3 million from staging the seventh Rugby World Cup which is $8 million lower than forecast.

"This is a very satisfying way to wrap up the tournament," said RNZ 2011 Chairman Brian Roche.

"Very few global sporting events ever come in on budget. RWC 2011 was an extremely challenging event to deliver, of a scale and complexity never staged in this country so to deliver a significantly better than expected result is an extraordinary achievement.

"We were resolute in our drive to contain costs and achieve our ticket sales target despite the challenging environment we found ourselves in so this result is a real tribute to the team at RNZ 2011."

Rugby World Cup Minister Murray McCully said the result capped off an already hugely successful event.

"Without a doubt, RWC 2011 will generate significant economic benefits for this country for many years to come.

"We welcomed 133,000 visitors to our shores and we were superb hosts for a great six week celebration. The huge television audiences and extensive media coverage generated by the tournament boosted our international profile.

"We also forged valuable new business partnerships and showed the world we are a smart and innovative economy capable of delivering major global events.

"We made the most of being in the world's spotlight, so this result really is the icing on the cake."

New Zealand Rugby Union (NZRU) Chairman Mike Eagle said the result was further proof of how well New Zealand had done in delivering on the promises made in Dublin in November 2005 when the NZRU won the bid to host RWC 2011.

"Few global sporting events have had to contend with so much. We were thrown the very worst of challenges - the global financial crisis coupled with the tragedy of the Canterbury earthquakes which forced us to shift seven matches less than six months from kick-off.

"Through it all our Stadium of Four Million stuck with us and turned the tournament into a really unifying experience. So to deliver it well under budget is truly amazing."

The NZRU invested $10 million in RNZ 2011 and $10 million in the redevelopment of Eden Park.

"From a rugby perspective, our investment in RWC 2011 is certainly paying off. We are seeing encouraging early signs that player registrations are up on last year and the strong gates and TV audiences we are seeing for Investec Super Rugby are partly a spin-off from the wonderful atmosphere and exciting rugby we saw last year."

IRB Chairman Bernard Lapasset said RWC 2011 was an exceptional event that furthered the profile of Rugby, New Zealand and the Rugby World Cup brand.

"Today's announcement further endorses the strong collaboration between Rugby World Cup Ltd, NZRU, RNZ 2011 and the New Zealand Government in delivering a world class tournament that showcased New Zealand on a global stage and continued the exceptional growth and development of Rugby worldwide.

"A partnership with national and local government is an important aspect of event delivery. New Zealand highlighted that through the significant economic returns for the host nation, the growth of major event expertise and experience, business to business opportunities and increases in Rugby engagement, Rugby World Cup is definitely a low-risk, high-return event for a host nation.

"We thank the Stadium of Four Million which New Zealand became in 2011 and the benchmark they set for RWC 2015 and RWC 2019".

Tournament facts

•133,000 fans visited from over 100 countries
•1.35 million fans attended 48 matches
•Biggest ticketing event ever in New Zealand - 11 times the 2005 British & Irish Lions Tour
•Venues were at 87% capacity on average
•Global cumulative television audience of 3.9 billion
•Broadcast in 207 territories
•Screened live for the first time in USA
?98 per cent market share in New Zealand for RWC 2011 Final
?All-time record pay TV audience in Australia
?73 per cent of French population watched at least 15 minutes

Add a comment

Bookmark and Share

News

First steps taken towards flag referendum

29 Oct 2014 News
New Zealand Government Rt Hon John KeyPrime Minister Hon Bill EnglishDeputy Prime Minister 29 October 2014 Cabinet has agreed on the... more

NZ to join global crackdown on tax evasion

29 Oct 2014 News
Revenue Minister Todd McClay today announced New Zealand’s timetable for participation in a global automatic exchange of... more

Business

NZ dollar holds gains as traders await central bank meetings

28 Oct 2014 Business News
By Paul McBeth Oct. 28 (BusinessDesk) - The New Zealand dollar held gains in the local trading session as traders remain cautious... more

Orion Health seeks up to $150mln, eschews forecasts

28 Oct 2014 Business News
By Fiona Rotherham Oct. 28 (BusinessDesk) - Orion Health Group, which develops software systems for patient health management, wants... more

Living

Duo wins MKR NZ by just one point

29 Oct 2014 Food & Wine
Neena and Belinda have won the first season of My Kitchen Rules New Zealand. The "Modern Day Hippies" beat Aaron and Heather in... more

MKRNZ - The WeedEaters are cleaning up

28 Oct 2014 Food & Wine
Modern Day Hippies Neena and Belinda breezed through the semi finals last night on My Kitchen Rules New Zealand and no one could be... more

Property

Goodman Property sells three Christchurch sites for $18.9M

28 Oct 2014 Property
By Suze Metherell Oct. 28 (BusinessDesk) - Goodman Property Trust, the biggest listed property investor by market value, sold two... more

Double-digit rate increases loom

24 Oct 2014 Property
Aucklanders living in the ‘hottest suburbs’ could be the big losers, while businesses will come out winners Rate rises... more

Migration

New Zealand Named The Best Place For Raising Children

24 Oct 2014 Migration
New Zealand has been named the best place to raise a child in the Raising Children Abroad annual league table. According to the HSBC... more

Desperate employers keeping overstayers

24 Oct 2014 Migration
Desperate employers seeking to fill job shortages are keeping migrant workers who previously held a work visa in New Zealand... more

Travel

Air New Zealand's GENIUS Hobbit themed safety video

24 Oct 2014 Travel & Tourism
Giving flyers an Unexpected Journey! Elijah Wood and Sir Peter Jackson star in 'epic' Hobbit themed Air New Zealand safety video Air... more

Travel 'interns wanted' to tour 2000km of NZ

24 Oct 2014 Travel & Tourism
Forget a summer internship of fetching coffee and photocopying - a travel company is offering a $30,000, 10-day, 2000km tour of New... more

Sport

NZ Rugby League: Matagi to debut against Samoa

29 Oct 2014 Rugby League
Vodafone Warriors prop Suaia Matagi is poised to play his first test for the NZ Kiwis against his old team-mates, Toa Samoa, at... more

Cancer Society named official charity for Cricket World Cup

28 Oct 2014 Cricket
ICC Cricket World Cup 2015 Cancer Society named official charity in New Zealand for ICC Cricket World Cup 2015 The Cancer Society has... more

Columns

The return of Occupy London: this time it’s truly political

28 Oct 2014 Opinion
Article - Adam Parsons The return of Occupy London: this time it’s truly political by Adam Parsons22 October 2014more

Gordon Campbell on the TPP finishing line, and Amazon’s woes

28 Oct 2014 Column
Column - Gordon Campbell Gordon Campbell on the TPP finishing line, and Amazon’s woes by Gordon Campbell If the Trans Pa... more

Kiwi Success

New Ambassador to France appointed

28 Oct 2014 Appointments
Minister of Foreign Affairs Foreign Minister Murray McCully has appointed diplomat James Kember as New Zealand’s next... more

Jim Hickey hangs up his umbrella

24 Oct 2014 People
Veteran weathercaster Jim Hickey has announced his retirement today, saying is was a tough decision. "I feel like I'm subbing off at... more

Recruitment

More than 600 take up 3K to Christchurch jobs

28 Oct 2014 Recruitment
Social Development Minister Anne Tolley says the Government’s 3K to Christchurch scheme is a winner with 633 unemployed people... more

UK ambulance service poaches Kiwi paramedics

24 Oct 2014 Recruitment
New Zealand paramedics are being poached by Britain's busiest ambulance service. Interviews were held in Auckland on Friday and... more