Sports

Business elites hope to generate $1 billion fund to boost Australian rugby

“There are two million [Australian rugby] supporters … it would put a smile on my face if in a decade’s time that everyone that’s turning up to a game is as an investor in the Rugby Future Fund.”

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Wilson also believes that a significant strength in the fund’s potential to raise capital is rugby union’s powerful contact book, one that covers the financial world.

“[It’s] enormous because rugby union is such a global game, and it’s such an inclusive game, and that’s what I’ve found,” Wilson said.

“This morning, I’m at breakfast with the CEO of Morgan Stanley global, James Gorman, I walk in, the first thing one of the senior guys from Morgan Stanley in Australia, says, ‘oh, Geoff, I see you’re involved in rugby union’, then we start talking about the [England v Australia] game … it’s a very inclusive sort of powerful network.”

After last Saturday’s thrilling win over England for the Wallabies, Wilson is hoping the positive feeling lingers carries into this weekend’s game against Wales.

“Every Australian would be proud of how the Wallabies performed, everyone’s very excited, it becomes a topic of discussion and a positive topic of discussion,” Wilson said.

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  • Source of information and images “brisbanetimes”

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