The financial problems of Rugby Australia can be overcome with a World Rugby grant of $ 158 million as the coronavirus pandemic continues to cause chaos at sporting events and organizations.
The funds, which consist of advances and loans, will be available to the Six States and Sanzaar unions who need immediate emergency funds, depending on the criteria met.
The package could be worth around $ 15 million for RA, which has already made a massive cut to their administration and can complete a temporary payment agreement with the Rugby Union Players Association as soon as Friday.
RA, who is considered to be looking for a 65% pay cut for players over a six-month period, could lose up to $ 120 million if professional play cannot continue in Australia this year because of Covid-19.
“Global sport is facing an unprecedented crisis and we are taking unprecedented action as a united sport to support global rugby, unity, competition and its players,” said World Rugby chairman Bill Beaumont.
“The steps announced today will provide short-term support and assistance, while we are making extraordinary progress towards calendar options that reflect and address a dynamic, complex and uncertain environment.”
World Rugby initially marked the revised Test program in their press release, saying that if the July gear in the southern hemisphere was delayed, which seemed likely, they would be moved to October. But it is still unclear whether this is still an intention.
Australia has three Tests at home for July, two against Ireland and one with Fiji.
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