Hurricanes move to private ownership

[waiopehu oldboy]

Another ownership change:

Stuff

www.stuff.co.nz

WRU have now completely divested their stake but otoh NZR still have a share & may "sell" some of it back to WRU for $1 as they've done previously with Clan & Otago, I seem to recall.

Gotta wonder how 'canes lost what looks likely to be over $2Mn last season, new owners need to get the auditors in if they hadn't already as part of their due diligence.

 

[Giulia]

Stadium seats look well back from the field. Paying to watch the Hurricanes in person would get old fast.

 

[waiopehu oldboy]

To get public funding it had to be multi-use not just for rectangular sports but it's actually quite good viewing-wise @Giulia.

 

[Dan54]

Stadium seats look well back from the field. Paying to watch the Hurricanes in person would get old fast.

I find the stadium not bad actually for viewing, well I never had a problem. Best viewing I ever had at a stadium was the old Athletic Park, but really only if you got seats at front of top level of Millard Stand, as you looked down on it almost like a chess board. But most stadiums (unless they round AFL type are usually fairly good, but you really need to have a bit of height to see whole field.
From my understanding a lot of the 2 mill they lost was tied up in their shares of the flash new training facilities at Upper Hutt, that is the bee's knees and ABs, and everyone now use it