Otago Rugby Wants Profit From Carisbrook

The Otago Rugby Football Union wants to make a profit from selling Carisbrook to the Carisbrook Stadium Trust, while the public is expected to pay almost all the cost of the new Stadium.
It is easy to see why: Otago Rugby needs the money. It owes the Dunedin City Council $2 million and the Bank of New Zealand $4million after losing $2.6 million over the previous two seasons. And another substantial loss is likely for the current season given the small crowds witch attended matches this year.