Fiji Time: 10:48 AM on Sunday 17 December

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 0.62560.6066
JPY 55.611352.6113
GBP 0.36370.3557
EUR 0.41590.4039
NZD 0.70740.6744
AUD 0.64210.6171
USD 0.49240.4754

from

$0.00

Exchange Rate updated on 15th, December, 2017

Today's Most Read Stories

  1. Ravai tells all
  2. Death of baby
  3. Gold and a degree
  4. A mother's love
  5. Search for escapee Dutt
  6. Fiji Airways services affected by ATS meet
  7. FNRL urged to endorse New South Wales Cup bid
  8. Autopsy details withheld
  9. Pizza lovers flock to new eatery
  10. Call to reunite

Top Stories this Week

  1. 'Daylight robbery' Wednesday (13 Dec)
  2. Ravai tells all Saturday (16 Dec)
  3. Joy turns into sorrow Friday (15 Dec)
  4. Shattered Tuesday (12 Dec)
  5. Cheika rates Fiji Wednesday (13 Dec)
  6. Qiliho calls to regulate cyber space Sunday (10 Dec)
  7. SOCIAL MEDIA Alleged racist comments inquiry Monday (11 Dec)
  8. Kalouniwai: Fiji soldiers not affected Wednesday (13 Dec)
  9. Tabuya denial Tuesday (12 Dec)
  10. 'Happy' with results Thursday (14 Dec)