Rugby Australia Clears AUS$60M Debt After British Irish Lions Tour

Rugby Australia (RA) has become officially debt-free for the first time since 2020, thanks to the financial success of the 2025 British & Irish Lions tour, which generated up to AUS$120 million, surpassing initial forecasts. The revenue enabled RA to repay AUS$60 million owed to private equity firm Pacific Equity Partners, clearing the AUS$80 million credit facility secured in 2023 to address financial challenges caused by the Covid-19 pandemic. RA CEO Phil Waugh called this repayment a significant milestone, reflecting the combined success of the Lions series, cost discipline, and organizational restructuring. Looking ahead, RA plans to establish a sustainable financial model for 2026-2030 and is considering creating an investment fund to support the growth and long-term sustainability of Australian rugby, potentially using profits from the Lions series and upcoming Rugby World Cups in 2027 and 2029. The Lions tour not only boosted RA’s finances but also contributed positively to local economies in Australian cities and helped reposition rugby union amid competition from other sports. This new financial footing provides RA with enhanced capacity to plan strategically and invest in the sport’s future.