Top Shows

Contact ONE News

NZC to get third of World Cup profits

Published: 1:19PM Saturday May 05, 2012 Source: Newstalk ZB/ONE Sport

  •  (Source: Photosport)
    Source: Photosport

New Zealand Cricket are adamant a decision to accept a third of profits from the 2015 World Cup doesn't mean New Zealand will host fewer games.

Instead of being financially responsible for their own matches, New Zealand and Australia will pool the money together for the tournament, though New Zealand will receive a smaller share at the end.

Games were initially agreed to be evenly split on both sides of the Tasman.

NZ Cricket CEO David White says at the moment, that hasn't changed.

White says the games haven't been decided yet, with the venue and location of the final yet to be announced.

New Zealand is expected to get at least one quarter-final and a semi-final, with the final expected to be played in Australia.

White says it's a great result for New Zealand Cricket, because it ultimately means they'll receive more money, as most New Zealand cricket stadiums are significantly smaller than Australian grounds, and will generate less ticket revenue.