the podcast on
New Zealand Rugby has launched legal action against INEOS - believing the petrochemical company has breached its sponsorship deal.
London's Telegraph reports INEOS failed to pay the first instalment of 2025 to New Zealand Rugby - at the halfway point of a six year deal to sponsor the Teams in Black, including the All Blacks.
A statement released by NZR says they view the non-payment as INEOS exiting the six-year agreement early and have "no option" but to launch legal proceedings.
The deal is worth eight million dollars a year to NZR - leaving a big financial shortfall to fill at short notice.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeartRadio app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeartRadio is easy to use and all FREE
