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BackRugby Australia Posts Record A$70 Million Surplus After 2025 British and Irish Lions Tour
Rugby Australia Posts Record A$70 Million Surplus After 2025 British and Irish Lions Tour
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SCMP Sport4/22/2026Business1 min readChina

Rugby Australia Posts Record A$70 Million Surplus After 2025 British and Irish Lions Tour

Surplus to fund sustainable future for Australian rugby with dedicated investment fund and expected World Cup windfall

Quick Look

  • Rugby Australia announced a record operating surplus of A$70 million (US$50 million) driven by the 2025 British and Irish Lions tour, which drew huge crowds to nine matches including three Tests and brought tens of thousands of overseas fans.
  • CEO Phil Waugh said the surplus would enable a sustainable future for the sport after years of losses, with a dedicated investment fund to manage the funds and an expected further A$70-A$100 million from hosting next year's Rugby World Cup.

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Why It Matters

Australian rugby has struggled financially for years, with the sport seeking to restore pride and stability ahead of major international events.

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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 course for Australian Rugby,” the former Wallaby said following RA’s annual general meeting on Wednesday. “A period of resilience has transitioned to an era of opportunity and Australian rugby – with its dedicated team and well-defined strategy – is well-positioned to capitalise on it.” A dedicated investment fund will manage the surplus and an expected further windfall of between A$70-A$100 million from hosting next year’s World Cup. 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.

Open Questions

  • How will the investment fund be structured?
  • What specific areas of the game will receive funding?

Related Topics

This article was originally published by SCMP Sport.

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