Accounts,Funding and Financial Services

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Rugby Finance, Accounts and Funding.

This section focuses on the finances that drive rugby business. The governing bodies and top tier clubs in league and union in UK and Ireland generate collectively over £600 million in turnover each year.

We report and archive financial performance in rugby in more detail than any other media channel. We analyse and compare current rugby finance and related news against past reports, interview leading figures from rugby bodies and experts in tax, finance and accounting in sport.

Our aim is to present a clear financial and statistical breakdown of the rugby business – the revenue and the costs - where possible in monetary value. When clear financial information is not available, we’ll find indicators (season ticket sales, average attendance, sponsorship deals, TV rights, pints of beer sold) to give our readers understandable trends and contexts.

Sustainability
Sports economy does not tend to follow other business models. The governing bodies distribute financial surpluses back into developing the game; benefactor club chairmen invest their own money knowing that profiting from their investment is an unlikely scenario. People working within rugby or supplying the industry – and not least interested fans who have invested more than the price of a ticket into clubs – are well-served by our coverage of the numbers away from the glare of the floodlights.

Economies of scale
We believe strongly that covering best practise and case studies at the elite end of the sport of rugby can benefit junior clubs, schools and colleges at the grassroots. Clubs taking a realistic business-like approach over the long-term will thrive. Managing the finances is the life-blood of an organisation of any size and we hope that our content in this section makes a contribution at every level of the game.

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RFU Report £30.9m Loss

27 November 2018

The RFU reported losses of £30.9m (€34.7m) in 2017/18 season. Revenues were £172.4 million (€193.7m) - lower than 2016/17’s £184.9 m. The difference was driven largely by the impact on ticke...

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Unpaid Wages At Keighley Cougars

22 November 2018

The Rugby Football League has placed Keighley Cougars in special measures over unpaid player wages since August according to the BBC. The League One club is also not permitted to contact or register a...

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Wasps Pre-Tax Losses Double To £9.7M

14 November 2018

Wasps Holding Ltd, the company which controls Wasps and the Ricoh Arena, has seen its annual pre-tax losses double, with the group still reliant on support from its owner Derek Richardson. Net debt in...

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IRFU Confirm Dublin Land Sale Worth €27M

13 November 2018

The IRFU has confirmed that it is the vendor of a 92 acre site at Newlands, Co. Dublin to Hibernia REIT plc for a sum of 27 million euro. IRFU chief executive Philip Browne said: The IRFU regards the ...

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Tigers Revenues Exceed £20m With £991k Loss

1 November 2018

Leicester Tigers’ annual report and accounts for 2017/18 reveal an operating loss of £991,000 from record revenues of more than £20million. In the 12 months to June 30, Tigers turnover increased t...

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PRL "Highly Likely" To Sell Minority Share

18 October 2018

Following a Premiership Rugby board meeting this week, chief executive Mark McCafferty has said that a sale of a minority stake in PRL is highly likely. PRL shareholders - the league’s 12 clubs and ...

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