The surplus for 2011, confirmed at the sports annual congress in Auckland yesterday comes on the back of reinvestment of 2010’s record $7.7 million surplus, a move which is already paying dividends for the sport.
The New Zealand Football Foundation – created with a portion of FIFA World Cup prize money – awarded over $100,000 worth of grants to grassroots football projects around the country while an international activity reserve has allowed a sustained international programme at all levels without relying on a potential four-yearly ‘World Cup windfall’.
“We acknowledged last year the onus was on NZF to invest wisely and navigate our way prudently through the years ahead without looking to large FIFA payouts,” NZF Chairman Frank van Hattum says.
“The financial results show we are meeting that challenge. We maintained significant international activity in 2011, including having three teams return from FIFA events with best-ever results, without impacting on grassroots development or our bottom line.
“In fact, spending on development through the Whole of Football Plan was our biggest expenditure item and we posted a great number of wins as we rolled out a game-changing plan for New Zealand’s largest grassroots sport.
“As a sport, we have been keenly aware of the missed opportunities of 1982 but I think talk of repeating those mistakes can be put to bed now. Together with our federations we are implementing a strategy that is moving the game forward.”
Former All White van Hattum is also bullish about the future.
“This year and beyond sees unprecedented levels of international activity with two age-group World Cups, two teams at the Olympics and the start of the All Whites’ Road to Brazil 2014.
“The new strategic plan has been ratified and includes further reinforcement of women’s football and futsal as key priorities. The financial challenge to deliver sustainable programmes remains, particularly around the Whole of Football Plan and the strong relationships we have developed with commercial and community partners remain vital if we are to continue to deliver world-class opportunities for all participants in our game.”
Story courtesy of New Zealand Football.
For more on New Zealand Football visit www.nzfootball.co.nz

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