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HOCKEY

FINANCIAL DETAILS OF INDIAN TOUR. Most hockey people are aware that the profit on the Indian tour of last season to the New Zealand Hockey Association was £770, but few have yet had the opportunity of scrutinising the financial statement relating to the visit. A copy was recently received from the New Zealand Hockey Association by the Waikato Hockey Association, and it makes interesting reading. The statement reveals that the financing of the tour involved the handling of just on £4000—£3996 18s 2d, to be exact—which sum was, of course, all expended, with the exception of the £770 profit on the expenses of the visit. The expenditure side shows that the Nev? Zealand Hockey Association paid the sum of £1450 to the Indian Hockey Federation. The travelling expenses of the Indians in this country cost £519, and the test match expenses (including travelling and hotel expenses of the New Zealand team and selectors’ and Indians’ hotel bills) came to £BBO. The cost of sending the New Zealand managers with the Indians round the country involved an expense of £llO, and the entertainment expenses of the Indians cost £94. Sundry expenses (including advertising, printing, cables, postages, telegrams, exchange, overhead expenses, and management, and like expenses) amounted to £162. The publication of Masud’s article in book form cost the Association £9 8s sd. Thus the total cost of the tour to the New Zealand Hockey Association was £3226 16s sd. On the receipts side the main item, is the sum of £1735 raised from the sale of matches to the various associations. Amounts received for games sold to sub-associations on a 10 per cent basis came to £328. The gross gate for the first test amounted to £905. Ground and gate charges were £348, leaving a net gate of £557. The gross receipts from the second test were £621, which realised a net gate of £407, ground and gate charges being £214. The third test brought in a gross gate of £1057, and the net gate was £653, with the sum of £404 in gate charges deducted. A total of £3O was received from the Broadcasting Board for the right to radiate certain games, and £5 of this was handed to Auckland, Wellington, and Otago associations. New Zealand’s share of the proceeds of matches in Australia amounted to £299.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TAWC19360515.2.76

Bibliographic details

Te Awamutu Courier, Volume 52, Issue 3756, 15 May 1936, Page 12

Word Count
388

HOCKEY Te Awamutu Courier, Volume 52, Issue 3756, 15 May 1936, Page 12

HOCKEY Te Awamutu Courier, Volume 52, Issue 3756, 15 May 1936, Page 12