Oberholzer warned that SA Rugby would have to continue with austerity measures in its other activities until the successful conversion to shareholder status at the conclusion of the 2024-2025 season.
The operational and commercial delivery costs associated to tournament commitments also increased from R292m to R429m. There was a significant increase in player insurance and image rights costs from R73m to R104m.“It is testimony to the success of a winning, transformed Springbok team that the appeal of the team has probably never been higher,” he said.
The pandemic might appear to be under control, but the aftermath will be felt for years to come. Rugby was not insulated from the devastating financial challenges that resulted from the pandemic and many of those challenges remain.“Loans to member unions of R84.7m in the accounts, highlights the need to continually address the financial health of the game — as is required in every rugby federation in the world.
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