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Reuters: World Rugby has created a relief fund of approximately $100 million to assist unions around the world as they grapple with the financial impact of the coronavirus pandemic, the sport’s global governing body said on Thursday.
With fixtures either postponed or cancelled, the body said the fund would be available for rugby unions that are in need of “immediate emergency funding” as long as certain criteria are met.
Meanwhile, the unions of the Six Nations and South Africa, New Zealand, Australia and Argentina Rugby (SANZAAR) will receive a financial package that involves a “combination of advances and loans”.
“We are taking unprecedented action as a sport united to support global rugby, its unions, competitions and players through the enormous challenge presented by the COVID-19 pandemic,” World Rugby Chairman Bill Beaumont said https://www.world.rugby/news/568638.
“The measures announced today will provide support and short-term relief... while we are making excellent progress towards calendar options that reflect and address a dynamic, complex and uncertain environment.” Beaumont said they were in discussions with Six Nations, SANZAAR and the global International Rugby Players union to draw up plans for a return to rugby once governments and health authorities give the green light to resume competition.
