Fiji Time: 10:51 AM on Tuesday 28 February

Fiji Times Logo

/ Front page / Sport

World governing body suspends funds

International Rugby Board Statement
Monday, January 13, 2014

The International Rugby Board has confirmed that it is to suspend all direct financial support to the Fiji Rugby Union (FRU) with immediate effect until the union adopts key financial reporting, administration and governance reforms.

The decision was reluctantly made after the union failed to implement recommended measures to provide assurances to the IRB that it was appropriately moving to address significant concerns regarding the administration and governance of the union.

The recommendations arose from an IRB Major Union Review which was conducted after the union requested emergency financial assistance in May last year.

The IRB and the Federation of Oceania Rugby Unions (FORU) Regional Association have formally expressed concerns that the financial position of the union is unsustainable and could create instability and impact on the management of the Union and key IRB-funded development and high performance programs.

The IRB committed £1.1million ($F3.3million) in direct funding to the FRU in 2013 and significant additional financial assistance to participate in international tournaments in 2013.

The IRB remains committed to rugby in Fiji and the performance of the men's and women's national fifteens and sevens teams and will work closely with FORU and the FRU to ensure that all administration and governance reforms are delivered and funding is reinstated.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64470.6257
JPY 55.835752.8357
GBP 0.39230.3843
EUR 0.46220.4502
NZD 0.68790.6549
AUD 0.64130.6163
USD 0.49190.4749

from

$0.00

Exchange Rate updated on 28th February, 2017

Today's Most Read Stories

  1. Fashion in paradise
  2. Rabuka to rally support in Aust
  3. Thirst for victory
  4. 'Unpaid' royalty probe
  5. End of transport woes
  6. Changes made to sedition charges
  7. Usamate meets potential seasonal work employers
  8. No more long walks to school
  9. Baulevu bridge to close tonight
  10. Boreholes end water problems for villagers

Top Stories this Week

  1. School girl, 14, dies Saturday (25 Feb)
  2. 2 dead in 48 hours Wednesday (22 Feb)
  3. $30,000 richer Thursday (23 Feb)
  4. Locally owned health centre begins operation Friday (24 Feb)
  5. Bravery medal for boy, 6 Saturday (25 Feb)
  6. The first settlers of Gau Sunday (26 Feb)
  7. Angry passengers disembark from smoke-filled bus Sunday (26 Feb)
  8. 5.1 magnitude earthquake occurs in local region Sunday (26 Feb)
  9. PM: Roads 'one of the worst' Saturday (25 Feb)
  10. 112 taxi permits in west terminated Saturday (25 Feb)