Rugby Australia's debts blow out to almost $89 million after draw-down of PEP facility
Phil Waugh is hopeful that windfalls from the 2025 British & Irish Lions tour and the 2027 RWC will be more than enough to pay back the debt.
English side Saracens reached their first ever European Cup rugby final with a record 46-6 victory over last year’s finalists Clermont at Twickenham on Saturday.
Saracens, who were beaten at Twickenham by Toulon in last year’s semi-final, ran in six tries with England wing Chris Ashton scoring two of them to break the record for tries in a European Cup season with 11.
They will face either holders Toulon or two-time champions Munster who play their semi-final in Marseille on Sunday.
Ashton, whose form dropped off so much he lost his place in the England starting line-up earlier this season, said that he didn’t mind who they played.
“We have been underdogs all season and we like that status,” he said.
“We hadn’t beaten many French sides in the competition but we were really up for this game.
“We are making progress each year in this competition, quarter-final two years ago (they were beaten by Clermont) the semis last year and now the final.”
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Phil Waugh is hopeful that windfalls from the 2025 British & Irish Lions tour and the 2027 RWC will be more than enough to pay back the debt.
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