Chris Kinraid: NZ Rugby Chief Financial Officer explains why they rejected bids to save Moana Pasifika

New Zealand Rugby's adamant there was no choice but to reject rescue plans for the financially-strapped Moana Pasifika.  Moana is officially out of the 2027 Super Rugby season – although there is hope they will be back in the future.  The franchise fizzles out, owing millions on a loan from the Government through Sport New Zealand.  Chief financial officer Chris Kinraid told Mike Hosking they made all efforts to save Moana Pasifika, but in the end they had a pretty strict criteria.  He says they were looking for proposals that had the cash to support the franchise and a sustainable and viable business plan, and both those criteria weren’t met.   LISTEN ABOVE See omnystudio.com/listener for privacy information.