Dáil debates
Wednesday, 5 July 2017
Rugby World Cup 2023 Bill 2017: Committee and Remaining Stages
8:55 pm
Shane Ross (Dublin Rathdown, Independent) | Oireachtas source
I assure the Deputy we have no indication it is. The world rugby company is registered in the Isle of Man but not the tournament company, which will not be registered in the Isle of Man.
On the division of the profits, the shareholders will be the IRFU, Northern Ireland and the Republic of Ireland. The tournament company is likely to be divided and an agreement will have to be reached between the Northern Ireland Executive and the Irish Government, but it is likely to be divided 88:12 in terms of distribution of profits. The IRFU may also share in the profits but that remains to be decided; it will have to have an input in order to share in the profits.
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