Rugby Australia gets millions from World Rugby
IN THE SPOTLIGHT: After months of turmoil, it seems like Rugby Australia are finally heading in the right direction.
Aside from naming former TV executive Hamish McLennan as director and chairman-elect, Rugby Australia received a financial boost from World Rugby.
*Also read: Troubled RA hits ‘reset’ button
The global governing body World Rugby has handed Rugby Australia with AU$14.2million as part of the game’s global governing body Covid-19 relief fund.
The emergency relief loan fund of approximately AU$160m from World Rugby is being allocated to unions on an application and evaluation basis to support the global game and mitigate the overall impact of the pandemic on the sport.
.@RugbyAU has secured $14.2m AUD in funding from the game’s global governing body, World Rugby as part of its COVID-19 rugby relief strategy.
MEDIA: https://t.co/XoxU9ekdEW pic.twitter.com/wjy9EWgp14
— Rugby Australia (@RugbyAU) May 15, 2020
Rob Clarke, Rugby Australia’s interim CEO, said: “Our game has suffered an enormous impact globally from Covid-19 and we are very grateful for the support of World Rugby and commend them on their leadership in managing this issue for the global game.
“The financial implications of the virus have been significant for Rugby Australia and this emergency relief funding will provide us with certainty for the next twelve months and enable us to close off our 2019 accounts.
“The funding, in combination with the extensive cuts made across the business, provides us with the short-term impetus to see through the pandemic but does not solve all of the challenges.
“The board is continuing to work through its plans for organisational reform and additionally there are key conversations to be had across the game’s stakeholders about our Rugby offering for 2020 and beyond. The World Rugby funding provides a much-needed boost and a level of security as we continue this important work.”
