The chief executive of Auckland Regional Council, Peter Winder, says steps have been taken to ensure there will be no repeat of a failed football event involving David Beckham, which led to a $1.8 million loss.
The council, which hosted the match in December 2008, came under scrutiny after the loss was revealed.
A report from the Auditor General says the match was, in essence, the wrong event, at the wrong time, for the wrong place.
It says council officers initially saw it as a good way of making money, but after delays and unexpected costs, they changed their position.
However, the memo outlining the concerns never reached councillors, and negotiations to bring Beckham and the LA Galaxy team to Auckland continued.
The number of tickets sold was well below what was expected and expenses were higher.
Mr Winder says the report contains no surprises and systems have been put in place to ensure this does not happen again.