£750m riding on 2023 rugby World Cup bid
Ireland rugby chiefs are confident their 2023 Rugby World Cup bid will tick all the necessary boxes following a two-day visit by the World Rugby Technical Review Group designed to assess the credibility of the tournament's prospective hosts.
Should Ireland be successful with the bid, it is estimated that it would be worth approximately £750 million to the country, north and south, but there is stiff competition from France and South Africa.
The IRFU's proposal must be submitted to World Rugby by June 1 and they will then make another presentation to the board of the Rugby World Cup and council of World Rugby in September before a final decision is made in November.
Ireland must secure at least 19 of the 37 votes from the unions worldwide and they believe that if they do so, 445,000 visitors will flock to the country which would be a record number for a World Cup.
"I'm extremely confident in the team of people that we have around us," IRFU chief executive Philip Browne said after yesterday's Aviva stadium presentation, involving Ulster's Ireland captain Rory Best.
Ireland is the only one of the three competing countries not to have hosted a World Cup and Browne added: "If World Rugby wants new host territories in the future, they need to encourage new territories to bid, so that's an important element."