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Rugby Australia reports A$9.4m operating loss, NRL agrees A$40m bailout

(by Mark Metcalfe/Getty Images)

Rugby Australia has announced a provisional A$9.4m (€5.2m/$5.8m) operating loss for 2019, stating “harder decisions” will come amid the Covid-19 pandemic, while the National Rugby League (NRL) has revealed details of a A$40m bailout package for its clubs.

Rugby AU held its annual general meeting today (Monday) via video conference as the governing body faces up to multiple challenges amid the global pandemic. Rugby AU last year reported a net profit of A$5.2m for 2018, but warned it would operate at a loss in 2019 due to the Rugby World Cup.

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