RNZ Sport reporters
Moana Pasifika won’t be involved in next year’s Super Rugby competition after New Zealand Rugby rejected several bids to rescue the team, however, it says the door is open beyond 2027.
Moana was placed into liquidation in May after previous owners Pasifika Medical Association said it could no longer fund the side after this season, which ended last weekend.
The liquidators said the club owed $8.2 million.
In a statement, New Zealand Rugby (NZR) said it explored every possibility for a long-term solution with several interested parties but NZR, who own the licence, weren’t convinced that any of the rescue bids were commercially viable.
The competition will move to a 10-team format in 2027 but NZR chief financial officer Chris Kinraid said the door remains open beyond 2027.
“We firmly believe a team can be based in the Pacific Islands and that a sustainable long-term solution can be found in the future. We remain open and willing to engage with anyone who can meet the financial and commercial requirements.”
Kinraid said certain long-term financial requirements could not be met.
“A competitive and sustainable team needs commercial revenue of more than NZ$10 million, in addition to broadcast revenue; and at least NZ$15 million in committed capital to support its business plan and maintain appropriate cash reserves.”
Kinraid added that NZR also received interest in potential future expansion opportunities beyond 2027.
“The licence available through this process was specifically for a team representing Moana Pasifika as a pathway for Tonga and Samoa from 2027. This was not a process to establish a new team or enter a new market.
“We are aware of credible interest in future participation and expansion in Super Rugby Pacific, including opportunities in new markets and the Pacific. We see that as a positive sign for current outlook and the long-term strength and attractiveness of the competition.
“Any future expansion of Super Rugby Pacific would need to be considered in partnership with Rugby Australia, Super Rugby Pacific and as part of a broader competition strategy.”
In a statement, Super Rugby Pacific said it “acknowledges” decision by New Zealand Rugby and said it recognises the outcome is disappointing for everyone connected with the club, including players, coaches, staff, supporters, partners and stakeholders.
The statement said that, “since joining Super Rugby Pacific in 2022, Moana Pasifika has made a significant contribution to the fabric of our competition and we extend our gratitude to everyone who played a part in that journey.
“There can be no doubt the Pasifika community has been a fundamental part of our competition for the last 30 years, and our commitment to recognising and celebrating that community remains.”
Super Rugby Pacific said further details regarding the 2027 season format will be revealed in the coming weeks.
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This story was first published on rnz.co.nz
