World Cup Profits

Last year’s Rugby World Cup in Australia made a surplus of 64.3 million pounds
(117.5 million dollars), a 36 per cent increase on the return from the 1999
tournament held in Wales.

The International Rugby Board said gates for the six-week tournament topped
1.9 million fans with an average of 39,580. Ticket sales netted 30.4 million
pounds. Total receipts were 81.8 million pounds, compared to the 70 million
pounds in 1999, and 3.3 million pounds at the inaugural tournament in 1987 when
the surplus was one million pounds.

But the Board admitted some of the smaller countries had been unable to field
their strongest teams because clubs refused to release players and promised
to do more to bolster the rugby minnows.

“It is recognised that greater attention must be paid to closing the gap between
the ‘haves’ and the ‘have nots’,” the Board said. And the money made from last
year’s tournament will be used to fund rugby’s development over the next four
years. Four million pounds was shared out by the 20 teams at last year’s tournament.
Each team received at least 150,000 pounds, the quarter-finalists received 250,000
pounds and the semi-finalists 300,000 pounds.

AFP – 2004.