IRB hail financial success of World Cup

Thu, 22 Mar 2012 00:00
Large 2511 0 0 0 2637072
Last year's World Cup in New Zealand is set to be the second most commercially successful edition of all time, the International Rugby Board said Thursday.

Last year's World Cup in New Zealand is set to be the second most commercially successful edition of all time, the International Rugby Board said Thursday.

In a statement issued from its Dublin headquarters, the IRB said the tournament was on course to achieve a "net surplus of more than £90 million [US$143 million, NZ$176 million, €108 million]."

The IRB added gross commercial revenues achieved of £142 million for the 2011 World Cup were within three percent of the total of the record-breaking France 2007 tournament.

IRB chairman Bernard Lapasset said the results were "particularly encouraging given that World Cup 2007 was hosted at the height of the global economic boom, while World Cup 2011 was hosted amidst an uncertain economic climate in a smaller domestic marketplace and in a non-European time zone".

The IRB said the tournament, the seventh World Cup "looks set to deliver a significant boost to the ongoing development of rugby worldwide", with 92 percent of the global governing body's profits, used to promote the sport, coming from the World Cup.

New Zealand have long been a Rugby Union superpower and their All Blacks beat France 8-7 in a tense Final in Auckland in October.

But the IRB said the World Cup was also a financial, as well as sporting success, for the host nation.

It said the 2011 World Cup was the largest event ever hosted in the country, with more than 1.35 million fans attending 48 matches, with revenue from ticket sales surpassing the NZ$268.5 million (£140 million) target set by organisers.

This, the IRB stated, equated to more than 10 times the gross revenue generated by the next biggest sporting event hosted by New Zealand, the 2005 British and Irish Lions rugby tour.

The World Cup is also estimated to have boosted economic activity in New Zealand by more than NZ$500 million (£260 million)

England will host the 2015 World Cup before the tournament breaks new ground by being staged in Japan, not a major rugby nation, in 2019.

Qualification for the 2015 edition starts on Saturday when Mexico are at home to Jamaica in the first of 184 matches involving 80 countries.

The full IRB group results for 2011 will be announced in May following the completion of the reporting process to the IRB council.

AFP

There are currently no matches being played
FIXTURE GMT VENUE
Fri, 30 September 2016
Golden Lions v Sharks 15h00 Johannesburg
EP Kings v Pumas 16h00 Nelspruit
Western Province v Boland 17h10 Cape Town
Dragons v Glasgow Warriors 18h35 Rodney Parade
Connacht v Edinburgh 18h35 Sportsground
Bristol v Saracens 18h45 Ashton Gate
Northampton Saints v Exeter Chiefs 18h45 Franklin's Gardens
Sat, 01 October 2016
Free State Cheetahs v Griquas 12h00 Bloemfontein
Sale Sharks v Leicester Tigers 13h30 AJ Bell Stadium
Gloucester v Bath 14h00 Kingsholm
South Africa v Australia 15h05 Loftus Versfeld
Munster v Zebre 16h00 Thomond Park
Ulster v Ospreys 17h30 Kingspan Stadium
Cardiff Blues v Leinster 18h35 BT Sport Cardiff Arms Park
Cardiff Blues v Cardiff Blues 19h05 Stadio Monigo
Sun, 02 October 2016
Argentina v New Zealand 22h10 Ascoli Piceno
Wasps v Harlequins 13h30 Ricoh Arena
Worcester Warriors v Newcastle Falcons 14h00 Sixways
Tue, 04 October 2016
Edinburgh v Ulster 19h35 BT Murrayfield
WORLD CUP
MORE LOGS
Pool A
Team P W D L Pts
Australia 4 4 0 0 17
Wales 4 3 0 1 13
England 4 2 0 2 11
Fiji 4 1 0 3 5
Uruguay 4 0 0 4 0
Pool B
Team P W D L Pts
South Africa 4 3 0 1 16
Scotland 4 3 0 1 14
Japan 4 3 0 1 12
Samoa 4 1 0 3 6
United States 4 0 0 4 0
Pool C
Team P W D L Pts
New Zealand 4 4 0 0 19
Argentina 4 3 0 1 15
Georgia 4 2 0 2 8
Tonga 4 1 0 3 6
Namibia 4 0 0 4 1
Pool D
Team P W D L Pts
Ireland 4 4 0 0 18
France 4 3 0 1 14
Italy 4 2 0 2 10
Romania 4 1 0 3 4
Canada 4 0 0 4 2
RELATED ARTICLES