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2mo ago

New Zealand Rugby and INEOS Resolve Sponsorship Dispute Through Confidential Settlement

The agreement ends a legal battle over INEOS's early exit from a six-year sponsorship deal, citing financial pressures in Europe.

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New Zealand All Blacks players train in Ineos-sponsored kit last year ahead of playing Australia in Sydney
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Overview

  • New Zealand Rugby and INEOS announced a confidential settlement on April 1, 2025, resolving their sponsorship dispute.
  • The dispute began when INEOS failed to pay the first installment of the 2025 sponsorship fee and exited the six-year deal three years early.
  • INEOS attributed its decision to severe financial challenges, including high energy costs and carbon taxes impacting its European operations.
  • New Zealand Rugby launched legal action in February 2025, stating it had no choice but to protect its commercial interests.
  • Both parties expressed satisfaction with the settlement and a shared intention to move forward, though the terms remain undisclosed.