18 January, 2026, 9:09 am Central - 27°C Clouds

Fiji Rugby in serious debt, we currently owe $3.5 million to creditors and the amount could increase - Mazey

Fiji Rugby in serious debt, we currently owe $3.5 million to creditors and the amount could increase - Mazey

By Vijay Narayan
20/06/2023
[Photo: File]

The Interim Chair of Fiji Rugby Football Union Trust Board, Peter Mazey confirms that Fiji Rugby is in serious debt, they currently find an amount of $3.5 million is owed to creditors, and with a review being undertaken by FRU auditors, the trustees are concerned the amount could increase.

When asked by fijivillage News whether Fiji Rugby is facing financial difficulties, Mazey says the trustees are putting in place a plan of action to address debt to ensure it does not affect all their ongoing obligations especially for our rugby teams.

He says they will be going out to all of Fiji to assist them in Fiji Rugby’s goals and help them to clear the debt, but first they must stabilize the situation to ensure it does not occur again.

Mazey says the biggest challenge is handling the debt, the next is reviewing everything to enable the trustees to set up a new structure to take Fiji Rugby forward, one they can proudly present to the rugby unions and everyone in Fiji.

FEATURE NEWS
Yaro Chiefs crowned Coral Coast 7s Champions in historic debut after defeating Ravuka Sharks 28–12
The Yaro Chiefs have made history by winning the McDonald’s Coral Coast 7s men’s title on their first-ever appearance at the tournament, defeating...
15 hours ago
LATEST NEWS
Trump threatens tariffs on countries opposing Greenland takeover
US President Donald Trump has threatened to place tariffs on nations that do not go along with his ambitions to annex Greenland.Trump says at a White ...
8 seconds ago

Flash Flood Alert continues for parts of Viti Levu and Vanua Levu
A Flash Flood Alert remain in force for the Northern parts of Viti Levu from Lautoka to Ba and it's interior, including the interior of Ra and ...
6 minutes ago

Acting PM Vosarogo sends clear warning to those involved in drugs
Acting Prime Minister, Filimoni Vosarogo says the recent drug bust in Tavua is a significant operation by the Fiji Police Force and counterpart ...
15 minutes ago

Father urges parents to view Back-to-School spending as investment in children despite rising cost of living
With only a week remaining before schools reopen on January 26, parents and guardians across Fiji are busy preparing for the new academic year, with ...
17 minutes ago

Kolinisau eyes Coral Coast 7s standouts for national squad selection
Fiji Airways National Men’s 7s head coach Osea Kolinisau says several standout performers in the McDonald’s Coral Coast Fiji 7s could be in line ...
1 hour ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Electricity tariff increase for users consuming more than 100 units
There is an increase in the electricity tariff rate for consumers using more than 100 units from 1 January next year.Fijian Competition and Consumer ...
16 days ago

Fiji needs to act on human trafficking indicators associated with Grace Road Group
The United States remains deeply concerned about indicators of trans-national organised crime and human trafficking in Fiji associated with the Grace ...
27 days ago

Cheap seed oils are not good for our health - O'Neill
With over 80 percent of deaths in Fiji caused by cardiovascular disease based on the 2011 report, naturopath and nutritionist Barbara O’Neill is ...
27 days ago

TOP