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'Disappointed it's got to this': NZ Rugby CEO on Ineos fallout

Author
Will Toogood,
Publish Date
Sat, 15 Feb 2025, 1:04pm
Photo / Photosport
Photo / Photosport

'Disappointed it's got to this': NZ Rugby CEO on Ineos fallout

Author
Will Toogood,
Publish Date
Sat, 15 Feb 2025, 1:04pm

New Zealand Rugby (NZR) CEO Mark Robinson has spoken publicly for the first time since it was revealed that NZR is suing Ineos for an alleged breach of contract that will leave the national organisation exposed to potential multimillion-dollar losses. 

NZR informed the provincial unions this week it was launching legal action after Ineos, the world鈥檚 largest chemical producer and owned by British billionaire Sir Jim Ratcliffe, abruptly walked away from its lucrative sponsorship agreement three years early and failed to make its first payment in 2025. 

Ineos agreed a six-year sponsorship agreement with NZR in 2022. Its branding has been visible on the All Blacks, the Black Ferns and both sevens sides鈥 jerseys. However, with Ratcliffe now wanting out, that branding will be immediately removed. 

The stoush could have widespread ramifications for the New Zealand rugby ecosystem, with financial challenges already prevalent throughout the game, particularly at the grassroots level, and Ineos among the three major sponsors alongside Adidas and Altrad. 

The Ineos deal is believed to be worth $21 million a year to New Zealand Rugby. 

Robinson told 九一星空无限talk ZB鈥檚 Elliott Smith that conversations began at the back end of 2024 and that they had been working on a resolution for 鈥渁 little while鈥. 

鈥淭here were some conversations at the back half of last year, so we鈥檝e been working at this a little while, [we鈥檙e] obviously disappointed that it鈥檚 got to this stage where Ineos have breached and are wanting to walk away but by the same token we have to work quickly to protect our commercial interests and the wider game. 

鈥淲e鈥檙e confident we have absolutely delivered on our agreement and we鈥檙e just going to have to work through it.鈥 

Robinson wouldn鈥檛 be drawn in to speculating as to Ineos鈥 motivations for pulling out of the deal, with Ratcliffe citing market conditions in Europe adding financial pressure to the company. 

鈥淭hat鈥檚 for them to speak to ... we鈥檝e been overwhelmed with incredible support from our partners around the world and domestically who continue to be really pleased with the value we offer in these partnerships. 

鈥淲hat we鈥檙e focused on is obviously getting a resolution around this matter and then focused on the future.鈥 

Ineos said that it had sought to renegotiate the deal with New Zealand Rugby and expressed regret that the matter is now the subject of legal action. 

鈥淯nfortunately, rather than working towards a managed solution, New Zealand Rugby have chosen to pursue legal action against their sponsor. We remain in ongoing discussion with New Zealand Rugby.鈥 

Robinson wouldn鈥檛 disclose details about any proposed settlement terms but did say there would remain contact between the parties around a possible resolution. 

鈥淎s I say, we鈥檝e been working on this for a little while. It got to a stage where clearly we weren鈥檛 able to do that and the next step the path we鈥檝e gone down. We鈥檒l keep in contact about whether there鈥檚 any other possibilities through mediation but I鈥檓 not going to comment on that.鈥 

The NZR boss said he does not regret entering into the deal with Ineos. 

鈥淭here鈥檚 been some really good things achieved in it, but unfortunately it鈥檚 got to this stage.鈥 

Robinson declined to divulge whether there had been communication between the parties since the legal action was taken by NZR, but said they would 鈥渃ontinue to work through it鈥. 

Will Toogood is an online sports editor and golf reporter for the NZ Herald. He enjoys watching people chase a ball around on a grass surface so much he decided to make a living out of it. 

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