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Malcolm Gillies: Hurricanes new board chair on purchasing a 50% stake in the club
Manage episode 523305819 series 2098285
The new Hurricanes board chair is determined to turn around the books of the struggling Super Rugby franchise.
Developer Malcolm Gillies has acquired the 50% stake in the club, offloaded by the Wellington Rugby Union to balance its own books.
The franchise has collectively lost $4 million in the past three seasons.
Gillies told Heather du Plessis Allan it's a good investment.
He says there’s a lot of untapped potential, but there’s certainly a lot of things to do.
Tony Philp, who recently departed as the club's general manager of rugby, will assume the interim CEO role.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
8374 episodes
Manage episode 523305819 series 2098285
The new Hurricanes board chair is determined to turn around the books of the struggling Super Rugby franchise.
Developer Malcolm Gillies has acquired the 50% stake in the club, offloaded by the Wellington Rugby Union to balance its own books.
The franchise has collectively lost $4 million in the past three seasons.
Gillies told Heather du Plessis Allan it's a good investment.
He says there’s a lot of untapped potential, but there’s certainly a lot of things to do.
Tony Philp, who recently departed as the club's general manager of rugby, will assume the interim CEO role.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
8374 episodes
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