It's corporate welfare. Funny how thes guys who are so vested in the free market come running to government for money.
Trevor Mallard still says "cos it was a great deal for Nz more PAYE from offshore funders. Economics brilliant"
and
"Needed to secure team. And prob fiscally +ve PAYE GST. Other funding offshore"
and
" in fact when PAYE and GST counted Team NZ fiscally +ve for NZ taxpayers - remember vast majority of funding is offshore'