16 Jun 2014

NZ Football in black yet again

6:45 pm on 16 June 2014

New Zealand Football have announced a surplus of $6.1 million for the 2013 year - the sixth straight year that the sport's governing body ended the year in the black

New Zealand Football chairman Bill Moran says while the surplus was boosted by television revenue from the FIFA World Cup intercontinental playoff with Mexico, the day-to-day operations produced another strong result.

The strong financial results for 2013 saw $3.1 million transferred into the International Teams Activity Reserve, set up in 2010, to fund the next four-year cycle and beyond for New Zealand's elite representative sides.

At grassroots level the code continued to expand and strengthen as the number of registered players grew by 13 percent across all age groups - the third year since 2010 in which player numbers have grown from the previous year.

Underpinning that increase in players, $3 million was invested in grassroots programmes, of which $1.5 million was delivered to the seven regional football federations who continue to deliver the award-winning Whole of Football plan.

A further $500,000 was transferred to a newly created Whole of Football Reserve set up to ensure additional funding will be available to support the coaching, development and infrastructure costs of the award-winning plan in future years.

Meanwhile, the Football Foundation - established in 2011 - passed the $500,000 mark in grants made to the grassroots game.