Rugby Australia eyes brighter future as British & Irish Lions tour brings cash windfall
Rugby Australia (RA) announced a record surplus Wednesday on the back of the 2025 British and Irish Lions tour, saying it would enable a sustainable future for the sport after years of losses.
RA Chief Executive Phil Waugh said the “record operating surplus” of A$70 million (US$50 million) had injected fresh confidence into the 15-man game ahead of hosting next year’s men’s Rugby World Cup.
“We are delivering on our promise to reset the game’s finances, restore pride and set a new strategic...
Rugby Australia reports record profit
- ‘Not out of the woods’: Waugh issues warning despite record RA profit Sydney Morning Herald —
- Rugby Australia reveals huge financial impact of British and Irish Lions tour The Independent —
- Rugby Australia ‘resets finances, restores pride’ after posting $100m turnaround The Guardian —
- Lions tour drives record $50 million surplus for Rugby Australia The Straits Times —