Overview

• Rugby Australia announced a $36.8 million deficit for 2024, citing one-off costs from operational restructuring and strategic investments.
• Key expenses included the centralization of the NSW Waratahs and ACT Brumbies and the exit of the Melbourne Rebels from Super Rugby, totaling over $15 million.
• The organization forecasts a record $50 million surplus in 2025, driven by the British & Irish Lions series, expected to sell over 500,000 tickets.
• A new five-year broadcast deal with Nine Entertainment, worth up to $240 million, will bolster revenue starting in 2026.
• Rugby Australia aims to eliminate its debt by the end of 2025 and capitalize on upcoming marquee events, including hosting Rugby World Cups in 2027 and 2029.