Sir Jim Ratcliffe and the All Blacks have reached a settlement in their contract dispute. In February NZR, the federation responsible for the All Blacks team, said it had launched legal action against Ratcliffe’s Ineos after accusing the chemicals firm of failing to pay the first 2025 instalment of a six-year deal.

Sir Jim Ratcliffe’s petrochemical firm had been seeking to renegotiate their performance partnership with the governing body.

New Zealand Rugby accused Ineos of breaching its sponsorship contract by missing a payment instalment but the sides have come to an agreement