PROFIT £1471

Press, Volume CVI, Issue 31304, 25 February 1967, Page 15

PROFIT £1471

N.Z. Soccer In 1966

The New Zealand Football Association nearly doubled its income last year, the annual balance-sheet of the association reveals. Income for the association last year amounted to £6376. This is £2723 more than the association’s income for 1965 which was £3653. The main factors behind the increased income were a £1417 rise in registration fees, and a financially successful Chatham Cup series. Last year the N.Z.F.A. made £1152 profit from the Chatham Cup compared with a loss of £l7 in 1965. Registration fees increased from £2886 in 1965 to £4303 last year.

Expenditure last year amounted to £4905. leaving the association with an excess of income over expenditure of £1471. This compares more than favourably with the previous year, in which the association, with an expenditure of £4217, spent £564 more than it received. The N.Z.F.A. struck difficulty with the five-game tour made by the Hong Kong club side Sing Tao. On this venture the association lost £1136.

England Loses

(N.Z.P. A. -Reuter—Copyright) WALLASEY (Cheshire). South Africa beat England, 6-3, in a European zone semifinal of the Thomas Cup badminton competition on Thursday. In the final, South Africa will meet Denmark.