Rugby: Singapore Sevens racked up $1.7m debt, led to takeover by SportSG

Fiji and Australia facing off on the final day of the Singapore leg of the HSBC World Rugby Sevens Series at the National Stadium in April last year. Last year's Singapore Sevens generated $27.6 million in direct economic impact.
Fiji and Australia facing off on the final day of the Singapore leg of the HSBC World Rugby Sevens Series at the National Stadium in April last year. Last year's Singapore Sevens generated $27.6 million in direct economic impact.ST FILE PHOTO

National agency stepped in after rugby tournament's first three editions left organisers in the red

It was hailed as a major coup for Singapore's sporting calendar, boosting the country's international profile the way Formula One's Singapore Grand Prix and tennis' WTA Finals had done. But hosting the first three editions of the Singapore Rugby Sevens (2016-2018) has come at a price.

Rugby Singapore, a subsidiary and commercial arm of the Singapore Rugby Union (SRU), was set up to organise the tournament but chalked up debts of about $1.7 million.

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A version of this article appeared in the print edition of The Straits Times on October 28, 2019, with the headline 'S'pore Sevens racked up $1.7m debt, led to takeover by SportSG'. Print Edition | Subscribe