SRU Exceed £50m Turnover For 2016-17

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7 August 2017

Scottish Rugby (SRU) announced it has broken the £50m (€55.3m) turnover mark for the first time for 2016-17 season at its AGM last Saturday.

Increases in ticketing revenue, achieved through three sell-out RBS Six Nations matches in 2017 and growing crowds at other matches, improved broadcast rights payments and continued commercial growth from sponsors all contributed to creating a £4m (€4.4m) increase in turnover to £51.4million from the previous year.

Nearly 600,000 fans watched an international or professional club game in Scotland last season which in turn led to a 25% rise in ticketing revenue, compared to the last non-Rugby World Cup year 2014/15, and a 22% rise in broadcast rights income.

A surplus of £1.7 million was achieved in the 2016/2017 financial year and a £3.3million fall in the average debt, which was reported at £5.2million.

Investment into club support and development was £2.8million, alongside additional revenues for the domestic game from sportscotland and the Government’s Cashback for Communities Scheme.

Scotland’s two professional teams have also seen growth in key areas.

Glasgow Warriors sold a record 4,839 season tickets and welcomed a record 101,889 fans to Scotstoun last season. Edinburgh Rugby increased its commercial revenues by 24% and welcomed six new sponsors into its portfolio. The capital club also hosted a sold out opening game at its new home at Myreside last season.

Scottish Rugby chairman Colin Grassie said: “I’m delighted to report this year’s turnover of £51.4m was £4m higher than the previous year. This

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