Wednesday 18 October 2017

Clubs and provinces to receive €4m from Ireland's Six Nations success

Paul O’Connell parades the silverware after Ireland’s men claimed the Six Nations title
Paul O’Connell parades the silverware after Ireland’s men claimed the Six Nations title
Ruaidhri O'Connor

Ruaidhri O'Connor

Ireland Six Nations success has had a direct knock on effect on the provincial and domestic game with the IRFU increasing their funding by €4m this season.

The union collected that figure in prize-money as a result of Joe Schmidt’s side success at Murrayfield in March, €2m more than they had budgeted for, and with broadcasting deals and strong ticket sales adding to the coffers the result is more money for the professional and amateur game in the coming season.

IRFU treasurer Tom Grace warned that, while the on-field success has resulted in a €8.7m surplus, there remains a concern about the “volatile economy, the free-to-air (television) issue the relative financial strength of our partners and competitors in international and provincial rugby”.

“For the second year in a row the success of the national team in the RBS Six Nations has boosted the level of prize money secured from the tournament,” the former Ireland full-back said before this afternoon’s Annual Council Meeting at the Aviva Stadium.

“The strong support of the national team at the Aviva Stadium remains a vital source of revenue for the union and contributes massively to the IRFU's ability to provide funding to all levels of the game in Ireland.”

Meanwhile, the union elected UL Bohemians’ Martin O’Sullivan as its 128th president.

Online Editors Comments Facility

INM has taken the decision to remove the commenting facility on its online platform to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website

Editor's Choice

Also in Sport