Cape Town - The South African Rugby Union's CEO Jurie Roux says the national body is in a good financial state and even has plans on bidding to host the 2023 Rugby World Cup.
This comes after the head of the Australian Rugby Union (ARU), Bill Pulver, revealed that his organisation is suffering financially.
Pulver told the ESPNscrum website that the ARU could be forced to cut the salaries of its top players to cover losses of about R175m (A$19m) over the last two years.
Pulver said the loss won't be off-set as much as hoped by the upcoming British and Irish Lions tour.
''Sadly there is not as much money coming in from the Lions tour this year as we would have wanted because of a quite difficult sponsorship market."
Luckily for the Springboks, Roux said they have no similar plans like their Australian counterparts.
"We are currently busy with a three-year plan and there are no plans for salary cuts. In fact, we are planning on bidding to again host the Rugby World Cup in South Africa in 2023," he told the Volksblad website.
"SARU's budget is driven by its strategic and operational goals. And in that regard, the Springboks are high priority and last on the list should there ever be monetary cuts.
"We work in close collaboration with the SA players union (SARPA) to offer contracts that fall within our budget, but also to satisfy players' demands."
This comes after the head of the Australian Rugby Union (ARU), Bill Pulver, revealed that his organisation is suffering financially.
Pulver told the ESPNscrum website that the ARU could be forced to cut the salaries of its top players to cover losses of about R175m (A$19m) over the last two years.
Pulver said the loss won't be off-set as much as hoped by the upcoming British and Irish Lions tour.
''Sadly there is not as much money coming in from the Lions tour this year as we would have wanted because of a quite difficult sponsorship market."
Luckily for the Springboks, Roux said they have no similar plans like their Australian counterparts.
"We are currently busy with a three-year plan and there are no plans for salary cuts. In fact, we are planning on bidding to again host the Rugby World Cup in South Africa in 2023," he told the Volksblad website.
"SARU's budget is driven by its strategic and operational goals. And in that regard, the Springboks are high priority and last on the list should there ever be monetary cuts.
"We work in close collaboration with the SA players union (SARPA) to offer contracts that fall within our budget, but also to satisfy players' demands."