Posted by Blogger Name. Category:
Grant Dalton
,
Sir Stephen Tindall
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Steven Joyce
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Taxpayer funding
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Team New Zealand
Well what do you know? Team New Zealand, reduced to going cap-in-hand to the Government last week has suddenly found some money; the Herald reports:
Relief for sailing fans, as it's confirmed Team New Zealand will have the money to survive to the end of the year.
A week ago, syndicate head Grant Dalton claimed the team was running low on cash, and would need government funding to survive past this month.
But director Sir Stephen Tindall has confirmed they will make it to at least January.
"We've got enough money to get through to the end of the year, we're getting more and more comfortable that we are going to be able to get through and we haven't made any decision on when any announcements would be made."
There's speculation the team will make an official announcement sometime next week.
That's great news, and Steven Joyce will now not have to tell Grant Dalton that the public appetite for further taxpayer rescues is zero. We would even go as far as to say that, in finding enough money to keep Team New Zealand afloat for the rest of 2014, Mr Dalton has earned his weekly $38,461 salary this week!
