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.
Australia have failed to qualify for the world rugby sevens series quarter-finals in South Africa after pool losses to the Unites States and New Zealand.
After a first-up 36-12 victory over Spain, the Aussies lost 31-14 to the US and 35-12 to the Kiwis.
Australia dominated the Spaniards, with Lachie Anderson scoring a try in the first minute, Simon Kennewell crossing three times and second half tries to Maurice Longbottom and Matthew Hood.
After going ahead against the US through a Boyd Killingworth try, the Aussies couldn’t contain Carlin Isles who snared three first-half tries.
Australia reduced the margin after the break but the American sealed the game, to add to their earlier win over NZ.
“We knew after Dubai that the USA team was going to come out a better team, but that’s the nature of this competition at the moment,” Australia coach Andy Friend said.
In the game to decide second place in the pool, the Kiwis shot out to a 21-0 half-time lead.
Australia fought back early in the second period with tries to Simon Kennewell and Lewis Holland reducing the deficit to 21-12 but that was as close as they got.
“We knew it was going to be tough pool,” Friend said.
“We had our chances against USA and didn’t take them and coming up in a Grand Final match against the Kiwis and they were too good for us.”
Australia will play Uganda in the challenge trophy finals on Sunday (Monday 5.42am AEDT) as they seek crucial series points to ensure the best possible seeding heading into the Sydney Sevens on the Australia Day long weekend next year.
“We know that the next tournament for us is our home tournament and that’s what is so disappointing,” Friend said.
“What is important now is that we come back tomorrow and make sure we come ninth.”
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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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