Worcester Report £8m Loss For 2016-17

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9 April 2018

Worcester Warriors have reported to Companies House that their pre-tax loss for last season (year end 30th June 2017) was £8.1m on despite increased revenue of almost £1m.

The Premiership club had reported a pre-tax profit for WRFC Trading Ltd of £14.3m the previous year due to shareholders writing off more than £20.4m of accumulated debt.

Warriors bought the freehold on the 50-acre Sixways site from the old Worcester Rugby Club, and have been reportedly valued at £26.7m. Former owner Cecil Duckworth is the club president and is listed as a director along with Bill Bolsover, Anthony Glossop, Greg Allen, John Crabtree and Gus Mackay- the managing director.

See also...

Worcester Warriors For Sale, Griffiths Out

£20m Loan Write-Off Leads To Extraordinary 2016 Profit At Sixways

Worcester Increase Budget By 25% As Ryan Departs

Worcester Post Loss For Last Season

 

 

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