WELLINGTON - New Zealand Rugby faces a 70 per cent decline in revenue in 2020 amid a global shutdown of sport due to the coronavirus, officials said on Thursday .
The All Blacks' two-test series against Wales and one-off test against Scotland scheduled in July are also expected to be postponed or cancelled, which would deliver a further hit to NZR's finances. Revenue of NZ$187 million in 2019 was down 1 per cent on the previous year but represented a 40 per cent increase compared to the previous World Cup year in 2015.
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