SA Rugby is in line for a R325m payout from the 2023 Rugby World Cup.
Declared the preferred hosts of the 2023 Rugby World Cup by an independent review, South Africa’s bid for the 2023 Rugby World Cup was controversially beaten in November by the bounty included in France’s offer.
Among the bids from South Africa, Ireland and France, the eventual winners reportedly guaranteed a financial return of £350m to World Rugby.
According to The Telegraph, the return on France hosting the 2023 Rugby World Cup is a £19.25m payout from World Rugby to each of the 10 tier-one rugby nations.
If the details of the report are confirmed, SA Rugby would receive a cash injection of more than R325m at the current exchange rate.