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Cash-strapped IRFU receive massive multimillion-euro bailout from Irish Government
The IRFU have been handed a significant financial boost after being allocated €18 million in emergency funding by the Irish Government. The announcement comes just three weeks after the IRFU reported a record deficit of €35.7 million, with the impact of the coronavirus pandemic putting a major dent in the union’s finances.
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Upon the release of that report, IRFU chief executive Philip Browne had outlined that access to emergency funding would help the IRFU ‘buy time’, warning that “the return of the (professional) game is in a fragile state and a major outbreak of the Covid-19 virus could set us back.”
Those comments painted a bleak picture following a best-ever surplus of over €28m for the 2018/19 financial year.
Their prayers have now been answered with the Irish Government today confirming €18 million would be allocated to rugby from the Government’s Covid-19 Emergency Fund for Sport.
However, the IRFU are not the biggest beneficiaries, with the various Gaelic Games associations receiving a total of almost €31m. The governing body of Irish soccer, the FAI, will receive €13m.
We would like to thank the Government, @cathmartingreen @jackfchambers & @sportireland for the €18m allocated to rugby as part of the Emergency Fund For Sport.https://t.co/vMxrfK7Yqm
— Irish Rugby (@IrishRugby) November 2, 2020
Browne welcomed the news, but again highlighted the IRFU’s ‘perilous financial position.’ When the impact of the pandemic first hit earlier this year, the IRFU quickly agreed salary deferrals with staff and players. With games still being played behind closed doors in Ireland and the country under a state of semi-lockdown, Browne has warned that further actions are under constant review.
“The funding for rugby announced today by Government and Sport Ireland is critical for the IRFU to keep rugby activities at all levels of our sport going for now for the many men, women and children who participate in, or volunteer at, Clubs week-in-week-out, and for our Provincial and International teams,” Browne said.
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“As outlined to the Oireachtas Covid-19 Committee in recent weeks and confirmed in our recent annual report, Irish Rugby is in a perilous financial position as a result of Covid-19.
“While we moved quickly to reduce costs and agree cuts with our staff and players, further reductions and actions are under constant review as we move from a relatively strong cash position just 18 months ago to facing ongoing record losses in 2020 and on into 2021.
“We are very grateful for the ongoing support shown to us by Government and Sport Ireland throughout this pandemic, especially with today’s vital funding announcement.
“We also acknowledge the support of our sponsors and loyal patrons who have invested in ten- and five-year tickets.
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“This support is vital if Irish Rugby is to survive until a time where we can once again welcome our supporters, in meaningful numbers, back to the Aviva Stadium and our provincial grounds.”
Comments on RugbyPass
Thanks BeeMc! Looks like many teams need extra time to settle from the quadrennial northern migration. I think generally the quality of the Rugby has held up. Fiji has been fantastic and fun to watch
13 Go to commentsLets compare apples with apples. Lyon sent weak team the week before, but nobody raised an eyebrow. Give the South African teams a few years to build their depth, then you will be moaning that the teams are too strong.
41 Go to commentsDid footballs agents also perform the scout role at some time? I’m surprised more high profile players haven’t taken up the occupation, great way to remain in the game and use all that experience without really requiring a lot of specific expertise?
1 Go to commentsSuper rugby is struggling but that has little to do with sabbaticals. 1. Too many teams from Aust and NZ - should be 3 and 4 respectively, add in 2 from Japan, 1 possibly 2 from Argentina. 2. Inconsistent and poor refereeing, admittedly not restricted to Super rugby. Only one team was reffed at the breakdown in Reds v H’Landers match. Scrum penalty awarded in Canes v Drua when No 8 had the ball in the open with little defence nearby - ideal opportunity to play advantage. Coming back to Reds match - same scrum situation but ref played advantage - Landers made 10 yards and were penalised at the breakdown when the ref should have returned to scrum penalty. 3. Marketing is weak and losing ground to AFL and NRL. Playing 2 days compared with 4. 4. Scheduling is unattractive to family attendance. Have any franchises heard of Sundays 2pm?
11 Go to commentsAbsolutely..all they need is a chance in yhe playoffs and I bet all the other teams will be nervous…THEY KNOW HOW TO WIN IM THE PLAYOFFS..
2 Go to commentsI really hope he comes back and helps out with some coaching.
1 Go to commentsI think we are all just hoping that the Olympic 7s doesn’t suffer the same sad fate as the last RWC with the officials ruining the spectacle.
1 Go to commentsPersonally, I’ve lost the will to even be bothered about the RFU, the structure, the participants. It’s all a sham. I now simply enjoy getting a group of friends together to go and watch a few games a year in different locations (including Europe, the championship, etc). I feel extremely sorry for the real fans of these clubs who are constantly ignored by the RFU and other administrators. I feel especially sorry for the fans of clubs in the Championship who have had considerable central funding stripped away and are then expected to just take whatever the RFU put to them. Its all a sham, especially if the failed clubs are allowed to return.
9 Go to commentsI’m guessing Carl Hayman would have preferred to have stayed in NZ with benefit of hindsight. Up north there is the expectation to play twice as many games with far less ‘player management’ protocols that Paul is now criticising. Less playing through concussions means longer, healthier, careers. Carter used as the eg here by Paul, his sabbatical allowed him to play until age 37. OK its not an exact science but there is far more expectations on players who sign for Top 14 or Engl Prem clubs to get value for the huge salaries. NZR get alot wrong but keeping their best players in NZ rugby is not one of them. SA clubs are virtually devoid of their top players now, no thanks. They cant threaten the big teams in the Champions Cup, the squads have little depth. Cant see Canes/Chiefs struggling. Super has been great this year, fantastic high skill matches. Drua a fantastic addition and Jaguares will add another quality team eventually. Aus teams performing strongly and no doubt will benefit with the incentive of a Lions tour and a home RWC. Let Jordie enjoy his time with Leinster, it will allow the opportunity for another player to emerge at Canes in his absence.
11 Go to commentsLove that man, his way to despise angry little men is so funny ! 😂
4 Go to comments“South African franchises would be powerhouses if we had all our overseas based players back in situ. We would have the same unbeatable aura the Toulouses, Leinsters or Saracens of this world have had over the last decade or so.” Proof that Jake white does not understand the economics of the game in SA. Players earning abroad are not going to simply come back and represent the bulls. But they might if they have a springbok contract.
22 Go to commentsA lot of fans just joined in for the fun of it! We all admire O'Gara and what he has done for La Rochelle
4 Go to commentsThe RFU will find a way to mess this up as usual. My bet is there will be no promotion into the the Premiership, only relegation into National League One. Hopefully they won’t parachute failed clubs into the league at the expense of clubs who have battled for promotion.
9 Go to commentsWell that’s the contracts for RG and Jordie bought and paid for. Now, what are the chances we can persuade Antoine to hop over with all the extra dosh we’ll have from living at the Aviva & Croke next season…??? 🤑🤑🤑
35 Go to commentsWow, that’s incredible. Great for rugby.
35 Go to commentsYou probably read that parling is going to coach the wallaby lineout but if not before now you have.
14 Go to commentsIf someone like Leo Cullen was in O’Gara’s place I don’t hear Boo-ing. It’s not just that La Rochelle has hurt Leinster and O’Gara is their Irish boss. It’s the needle that he brings and the pantomime activity before the game around pretending that Munster were supporting LaRochelle just because O’Gara is from Cork. That’s dividing Irish provinces just to get an advantage for his French Team. He can F*ck right off with that. BOOOOO! (but not while someone is lying injured)
4 Go to commentsDid the highlanders party too hard before the game? They were the pits.
1 Go to commentsWhat a player! Not long until he’s in the England side, surely?
5 Go to commentsHe seems to have the same aura as Marcus Smith - by which I mean he’s consistently judged as if he’s several years younger than he actually is. Mngomezulu has played 24 times for the Stormers. When Pollard was his age he had played 24 times for South Africa! He has more time to develop, but he has also had time to do some developing already, and he hasn’t demonstrated nearly as much talent in that time as one would expect. If he is a generational talent, then it must be a pretty poor generation.
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