Daily Archives: October 18, 2009

RWC 2011 budget blowout

### TVNZ News Published: 8:24AM Saturday October 17, 2009
RWC losses predicted to hit $40m
Source: NZPA/Newstalk ZB/ONE News

Losses from the 2011 Rugby World Cup in New Zealand are expected to reach nearly $40 million as organisers scale back ticket sales expectations. The forecast loss has grown $9.3 million from an original $30 million, tournament organiser Martin Snedden says. The new estimate is directly related to downgraded expectations of ticket sales. Snedden says after looking at the crowd turnout at the 2007 World Cup in Europe, he expects 10% of the total number of seats could be empty.
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### sstlive.co.nz Last updated 05:00 18/10/2009
Rugby – the way, the truth, the light, the TV
By Michael Laws – Sunday Star Times
OPINION: I LOVE RUGBY. Before my children were born, I can honestly state that I loved rugby above all else. It is not just our country’s national game, but was and remains a critical part of our culture, our identity and our inspiration.
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Post by Elizabeth Kerr

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Filed under Economics, Politics, Project management, Sport, Stadiums