Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia and Australia, Technogym exports its…read more
Japan’s Rugby World Cup budget approved
The International Rugby Board (IRB) has approved Japan's budget plans for the 2019 World Cup, after receiving financial guarantees from the country's government.
The Japanese Government, through the National Agency for the Advancement of Sports and Health, has pledged $44 million in operating costs to the Japan Rugby Football Union (JRFU). This sum will cover any financial shortfall for the event, which will reportedly cost approximately $220 million to stage.
JRFU Chairman Tatsuzo Yabe told Reuters "I am relieved that final approval for the financial guarantee for the World Cup in 2019 was met.
"We are firmly committed at the JRFU and the 2019 organising committee to firmly prepare and produce a strong and exciting tournament."
Meanwhile, the JRFU has stated it has the full backing of the IRB to host the tournament in the wake of concerns following the devastating effects of March's earthquake and tsunami which forced five of six Pacific Nations Cup matches scheduled to be held in July moved to Fiji.
JRFU President Yoshiro Mori explained "some countries were saying the 2019 tournament should be held elsewhere but I believe we have managed to forge a closer understanding on the matter with the IRB."
The JRFU have assured the IRB that Japan's recovery will be complete in time for rugby's showcase event in 2019.
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