Australia pins hopes on Lions, World Cup revenues after $23m loss
Coronavirus
MELBOURNE :Rugby Australia (RA) reported a A$36.80 million ($23.33 million) loss for 2024 on Wednesday after embarking on a costly programme to integrate loss-making Super Rugby teams and spending millions propping up the Melbourne Rebels before their collapse. The loss adds to a A$9.2m deficit for 2023, when the Wallabies crashed out of the World Cup in France at the group stage, and outstrips the A$27.1m shortfall for 2020 during the depths of the COVID-19 pandemic. Despite the red ink, RA
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