SA Rugby makes modest profit

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South Africa Headlines News

CEO confirms that the pandemic has torn up their budget plans but that the governing body ‘will walk from the burning building still intact’

CEO Jurie Roux says pandemic has torn up their budget plans but governing body ‘will walk from the burning building still intact’Cape Town — SA Rugby announced a modest taxed profit of R8.5m for 2019 on Wednesday, and CEO Jurie Roux said the organisation was well positioned to tackle Covid-19 challenges.

Bok players and management staff were paid R62m in performance bonuses for winning the Rugby World Cup in Japan. He said SA Rugby’s recently introduced spending cuts to the tune of R1.2bn for 2020 were necessary to offset the effects of Covid-19 on operations.

 

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