Man Utd owners INEOS settle contract dispute with New Zealand Rugby
Manchester United owners INEOS and New Zealand Rugby reached a settlement agreement on Monday following their dispute over a sponsorship contract.New Zealand Rugby launched legal action in February for alleged breach of contract, claiming the global chemicals producer - owned by British billionaire Sir Jim Ratcliffe - walked away from a six-year deal that was signed in 2021 and due to run from 2022-2027. INEOS informed them in January of their intention to exit the agreement, which had their branding on the back of playing shorts and on the front of training jerseys for the All Blacks and other national men's and women's rugby teams.AN NZR statement at the time read: "New Zealand Rugby is disappointed that INEOS has breached its sponsorship agreement. Most recently, it failed to pay the first instalment of the 2025 sponsorship fee, confirming its decision to […]