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.
– Ben Goodale and D’Arcy Waldegrave
