Stakes high as Rugby World Cup race enters home straight
Winner of three-way contest to stage 2023 tournament selected on November 15th
As we enter the decisive home straight in the three-way contest to host the 2023 Rugby World Cup, the prize at stake is simply enormous. Aside from the sporting legacy it will leave, the largesse accrued to the respective bidding economies ranges in estimate from €1.5 billion in Ireland to €1.75 billion in South Africa and €2.44 billion in France.
Having canvassed around the world for upwards of the last 12 months, the three bidding teams made their presentations to the World Rugby Council last Monday in Kensington. Each bid will now be reviewed in detail by the technical review group, evaluated against weighted criteria, and will feature independent economic, financial and commercial assessment by Dow Jones Sports Intelligence, the multi-national law firm Clifford Chance and other expert advisers.