{"id":12602,"date":"2025-04-01T04:07:34","date_gmt":"2025-04-01T04:07:34","guid":{"rendered":"https:\/\/news.godj.com\/sport\/new-zealand-rugby-and-ineos-reach-settlement-over-sponsorship-dispute\/"},"modified":"2025-04-01T04:07:34","modified_gmt":"2025-04-01T04:07:34","slug":"new-zealand-rugby-and-ineos-reach-settlement-over-sponsorship-dispute","status":"publish","type":"post","link":"https:\/\/news.godj.com\/sport\/new-zealand-rugby-and-ineos-reach-settlement-over-sponsorship-dispute\/","title":{"rendered":"New Zealand Rugby and Ineos reach settlement over sponsorship dispute"},"content":{"rendered":"


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New Zealand Rugby and Ineos have reached a settlement agreement following their dispute over a sponsorship contract.<\/b><\/p>\n

British-owned petrochemical firm Ineos, which holds a stake in Manchester United as part of its sport portfolio, walked away early from its sponsorship deal of New Zealand Rugby (NZR).<\/p>\n

It was a move that led to legal action<\/a> from the governing body.<\/p>\n

On Monday, both parties issued a statement to say the issue has been resolved.<\/p>\n

“New Zealand Rugby and Ineos can confirm that a settlement has been reached between the two parties,” the joint statement read.<\/p>\n

“Whilst the details remain confidential, both organisations are satisfied with the outcome and acknowledge a desire to now move forward.”<\/p>\n

Ineos, which is chaired by Sir Jim Ratcliffe, agreed in 2021 to become performance partner of NZR from 2022 to 2027.<\/p>\n

The deal included Ineos branding on the back of playing shorts and on the front of training jerseys for the nation’s teams, including three-time World Cup winners the All Blacks and six-time women’s world champions the Black Ferns.<\/p>\n

However, NZR said in February that Ineos had “failed to pay the first instalment of the 2025 sponsorship fee, confirming its decision to exit our six-year agreement”.<\/p>\n

Citing the struggling chemicals industry in Europe, because of “high energy taxes and extreme carbon taxes” along with “the deindustrialisation of Europe”, Ineos said in a statement at the time: “We have had to implement cost-saving measures across the business.<\/p>\n

“We sought to reach a sensible agreement with the All Blacks to adjust our sponsorship in light of these challenges.”<\/p>\n<\/div>\n


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New Zealand Rugby and Ineos have reached a settlement agreement following their dispute over a sponsorship contract. British-owned petrochemical firm Ineos, which holds a stake in Manchester United as part of its sport portfolio, walked away early from its sponsorship deal of New Zealand Rugby (NZR). It was a move that led to legal action […]<\/p>\n","protected":false},"author":1,"featured_media":12603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-12602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rugby"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/12602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/comments?post=12602"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/12602\/revisions"}],"predecessor-version":[{"id":12604,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/12602\/revisions\/12604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media\/12603"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media?parent=12602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/categories?post=12602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/tags?post=12602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}