Richard Allcroft, front left, is the first President to be elected from outside North America ©IWRF

Newly appointed International Wheelchair Rugby Federation (IWRF) President Richard Allcroft has stressed the need to ensure financial stability in the sport.

After being voted in last month at a General Assembly in Sydney, Allcroft wrote an open letter to the sport's members highlighting the importance of strategic partnerships and finance.

"I briefed everyone on our key partners including the International Paralympic Committee (IPC), Hogan Lovells, and World Rugby," he said.

"There were some great discussions and agreement in making sure that we grow and strengthen these important relationships.

The IWRF is the global governing body for the sport ©IWRF
The IWRF is the global governing body for the sport ©IWRF

"It was also clear that the organisation needs to ensure it is financially viable and we have a lot of work to do in how we make this happen."

Allcroft wrote that he believes the sport was attractive to sponsors but did not reveal any further details.

The Briton has replaced John Bishop as President of the IWRF and is the first head to come from outside North America.

Allcroft will travel to Madrid with IWRF chief executive Eron Main this week to attend technical meetings held by the IPC prior to Tokyo 2020.