RFU Invest Almost £100m Back Into Rugby In 2016-17

Steve Brown2
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4 December 2017

The RFU has reported a turnover of £184.9m (€210.8m) for the 2016-17 season. Although the governing body registered a £6m (€6.84m) loss in their latest accounts released last week, the £99.6m (€113.5m) invested into rugby in the year represents an 11% increase on the previous year and sets them 16% up on their five-year investment target of £408m.

The year-on-year comparison was skewed by revenues due to the Rugby World Cup 2015. But the £184.9m revenue was 20% up on 2012/13 season, the last season with the same home match profile.

The RFU balance sheet remains strong with net assets of £215m, with profit and loss reserves of £18.5m putting the RFU in a comfortable position to manage the four-year Rugby World Cup cycle’s effect on the number of home games.

Investment in professional rugby £63.7m (up 14% year-on-year), including year one of both the Professional Game Agreement and players deal.

Investment in rugby development was £35.9m (up 5% year on year).

Ticket revenues (excluding RWC 2015) increased £17.6m (87%) thanks to four Old Mutual Wealth Series and three Six Nations home internationals at Twickenham.

Growth in net assets were largely driven by £28.2m of debentures sold including those for the new East Stand facilities

“This was always going to be a period of reinvigoration and I am glad to say that a comparison with the last season with the same match profile and unaffected by the Rugby World Cup 2015 revenues, shows total revenue up by

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