SMH
·general
·4 hours ago
‘Not out of the woods’: Waugh issues warning despite record RA profit
Rugby Australia chief executive Phil Waugh announced a record operating surplus of $70.6 million at the AGM. Despite strong financial results from the British and Irish Lions tour, Waugh warned of a forecasted deficit for the 2026 season, stating, 'By no means are we out of the woods.' RA is preparing to establish an investment fund for long-term stability.
Summary by Glance · SMH
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