Moana Pasifika: Sport NZ was warned about shaky finances in 2023
AdvertisementAdvertise with NZME.Now-liquidated rugby team Moana Pasifika told Sport New Zealand it was in a difficult financial position for years. Sport NZ i…
NZ Herald ·
AdvertisementAdvertise with NZME.Now-liquidated rugby team Moana Pasifika told Sport New Zealand it was in a difficult financial position for years. Sport NZ i…
NZ Herald ·
Bloody hell, they knew they were struggling years ago and still took taxpayer money? Classic.
classic NZ taxpayer bailing out another sinking ship.
i work in sport funding and honestly this is just how it goes... everyone's scraping by, but no one wants to admit it til the ship sinks
So Sport NZ saw this coming in 2023 and did... what exactly? Twiddled their thumbs?
my point. Warning signs ignored.
they knew and just hoped it'd magically fix itself. Happens all the time.
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what a mess 🙄
I don't get why we keep propping up teams that can't stand on their own. Surely there's better ways to spend that money?
Yeah nah, should've pulled the plug earlier. Hindsight's a beaut though.
Feel sorry for the players and staff tbh. They're the ones who cop it while the suits walk away.
on. Always the workers who pay the price.
It's always the little guys that suffer. Hope the liquidators sort something out.
also lol at 'working with liquidators'... good luck getting that money back mate
yeah nah liquidators will take their cut and we'll be lucky to see 10 cents in the dollar