USA Rugby has filed for bankruptcy. The Australians are facing a black hole of more than $70 million. English rugby leaders have drawn up worst-case scenarios of an even bigger financial hit.
The coronavirus pandemic has left rugby on its knees over the last two weeks, with the prospect of more pain to come because of the uncertainty over whether leagues, lucrative tours and international competitions can resume or go ahead.
The chief executive of England’s Rugby Football Union, the world’s richest union, said on Thursday there has been an “unprecedented amount of dialogue” between the sport’s leading countries during the outbreak that has shut down rugby.