British and Irish Lions tour helps wipe out crippling debt on Rugby Australia

It's the first time the sport's governing body has been debt-free since 2021, when it took out an initial $40 million loan

CASH KINGS: Maro Itoje and the British & Irish Lions supporters helped crush Rugby Australia's overhanging debts in July. Pic: David Rogers/Getty Images

THE BRITISH and Irish Lions tour to Australia helped wipe out Rugby Australia's crippling debts and allowed them loom at creating a new investment fund for the sport down under.

The Lions tour is expected to generate around $100 million Australian dollars (€55m) which will help lift the dark financial clouds over rugby in Australia and help RA plan properly and creatively for the Rugby World Cup, which it hosts in 2027.