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Rugby

03rd Oct 2015

If England lose to Australia it could cost the country a lot of money

Three billion reasons to win

SportsJOE

Imagine Stuart Lancaster’s team talk ahead of Australia.

“No pressure lads, but if you lose this then, in addition to the shame of going out in the pool stages, you’ll cost the country about £3 billion.”

“Now go out there and beat those Aussies!”

According to i100, England’s economy will miss out on £3 billion should lose to Australia tonight, and exit the Rugby World Cup before the business end of the tournament.GettyImages-490841002Professor Alex Edmans, of the London Business School, has said that the stock market would plunge if England crash out, as the competition affects investor mood.

“A rugby loss leads to a next day decline of 0.15 per cent, which is roughly £3bn when applied to the UK stock market.”

The English rugby team have their own hides to worry about, and will more likely be worried the financial bonuses they’ll miss out on should they exit the tournament.

No pressure lads.

Cheers to the lads in JOE.ie for sending this our way.

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