FRU announces profits and new plans
29 April, 2018, 8:16 am
THE Fiji Rugby Union is slowly picking up the professional and development paces that could see the sport making headway in the near future.
After its annual general meet- ing in Suva yesterday, the union announced that 2017 recorded a profit of about $282,000.
Its chief executive officer John O’Connor said the surplus re- corded from last season plus new incentives discussed yesterday could improve the standard of the sport that all Fijians love.
“The good news is that all unions were present and we dis- cussed the Annual Report of 2017, the financial audited ac- count, general discussions and a brief on the 7s bid, and discus- sion on our revised competition,” O’Connor said.
“We had a surplus finance where we achieved $281,000 profit which is a high level compared with last year where we achieved $1.05 million, but it was the Olympic Games year and we had additional grant that came from Government. We are happy that we continued to achieve surplus outcome.”
Watch the post AGM interview for full details of this story: