Fiji Rugby Union (FRU) reported an unqualified audit and unveiled the financial performance of its new commercial arm as delegates met for the 2026 Annual General Meeting at the Novotel in Lami on Friday.
Twenty-six union representatives attended the AGM, which opened with a workshop outlining plans for the 2026 Provincial Competition. The meeting’s financial highlight was the presentation of the FRU’s 2025 accounts, prepared under the Fiji Rugby Football Union Trust Board and the newly formed Fiji Rakavi Football Union Limited. Board member and Director of Finance Anare Manulevu confirmed audit firm Ernst & Young (EY) had issued an unqualified — or “clean” — audit on the accounts.
In its first year of operation as the FRU’s commercial arm, Fiji Rakavi reported revenue of $27.08 million and a net profit of $231,920, figures that were noted by directors and delegates as a positive start for the venture. Manulevu told the meeting the audit provides independent assurance of the union’s reported financial position for 2025.
Elections and board appointments were also settled at the AGM. Manulevu and Director of Legal Mosese Naivalu were re-elected to their positions. Tony Ram, who had been serving as a co-opted director, was formally welcomed to the board, while former player and administrator Isaac Mow secured backing following his nomination by the Suva Rugby Union.
FRU chief executive officer Koli Sewabu described the clean audit as an important outcome for the organisation. “We’re really grateful for this year that we’ve got an unqualified audit report from our auditors Ernst & Young,” Sewabu said, and added that the union is working with international partners to bolster governance and operations. He noted that EY Australia had been in the country recently to review Fiji Rugby’s financial health and advise on improvements, and that FRU is collaborating closely with World Rugby on system enhancements.
Delegates at the AGM also focused on on-field matters, with the workshop preceding the formal meeting laying out the competition calendar and operational plans for the 2026 Provincial Competition. The FRU has said it intends the strengthened commercial structure and the audit findings to support better funding and delivery for provincial rugby across Fiji.
The clean audit and the Fiji Rakavi figures mark the latest development in the union’s governance and commercial restructuring. Board members said the results will be used to inform decisions on investment, competition delivery and compliance as the FRU seeks to consolidate financial controls and expand revenue streams in the coming season.
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