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Vocus finalises $3 5 billion sale to MIRA-Aware Super consortium

Vocus finalises $3 5 billion sale to MIRA-Aware Super consortium
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Rugby Australia records $27m loss, chairman Hamish McLennan hits out at wasteful spending by previous administration

Advertisement Rugby Australia has announced a $27.1 million loss for 2020, with chairman Hamish McLennan saying a period that was significantly affected by COVID-19 could have resulted in the code in Australia going amateur. Speaking at RA’s annual general meeting on Thursday, McLennan also criticised unnecessary spending by previous administrations and said they had not invested enough in grassroots rugby. ‘We openly talked about the game becoming amateur’: Hamish McLennan says the governing body’s balance sheet was ‘horrible’. Credit:Edwina Pickles McLennan, who was formally elected chairman at the meeting after he was appointed by the board as a casual vacancy in June last year, said the game had been in dire trouble.

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