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.<\/p>\n
RA Chief Executive Phil Waugh said the \u201crecord operating surplus\u201d of A$70 million (US$50 million) had injected fresh confidence into the 15-man game ahead of hosting next year\u2019s men\u2019s Rugby World Cup.<\/p>\n
\u201cWe are delivering on our promise to reset the game\u2019s finances, restore pride and set a new strategic course for Australian Rugby,\u201d the former Wallaby said following RA\u2019s annual general meeting on Wednesday.<\/p>\n
\u201cA period of resilience has transitioned to an era of opportunity and Australian rugby \u2013 with its dedicated team and well-defined strategy \u2013 is well-positioned to capitalise on it.\u201d<\/p>\n
A dedicated investment fund will manage the surplus and an expected further windfall of between A$70-A$100 million from hosting next year\u2019s World Cup.<\/p>\n
The once-in-every-12-years British and Irish Lions tour drew huge crowds to nine matches, three of them Tests, and brought in tens of thousands of fans from overseas.<\/p>\n","protected":false},"excerpt":{"rendered":"Rugby Australia (RA) announced a record surplus Wednesday on the back of the 2025 British and Irish Lions…\n","protected":false},"author":2,"featured_media":404700,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[191382,191381,191383,85,46,186173,101285,82102,1363,105,9876],"class_list":{"0":"post-404699","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports","8":"tag-australian-rugby","9":"tag-british-and-irish-lions","10":"tag-daniel-herbert","11":"tag-il","12":"tag-israel","13":"tag-phil-waugh","14":"tag-ra","15":"tag-rugby-australia","16":"tag-rugby-world-cup","17":"tag-sports","18":"tag-wallabies"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/404699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=404699"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/404699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/404700"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=404699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=404699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=404699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}