Overview
- New Zealand Rugby and INEOS have reached a confidential settlement, resolving their dispute over a six-year sponsorship agreement signed in 2021.
- The conflict began in January 2025 when INEOS sought to exit the deal three years early, citing financial pressures and cost-saving measures.
- In February 2025, New Zealand Rugby initiated legal action, accusing INEOS of failing to pay the first installment of the 2025 sponsorship fee.
- Both organizations confirmed satisfaction with the settlement outcome, though specific terms remain undisclosed.
- The dispute highlights broader challenges in sports sponsorships as economic pressures impact corporate commitments across various industries.