WRFC Trading Ltd

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

    Worcester Warriors through their operating company, WRFC Trading Ltd made a profit of £13.8m in the year-ending June 2016 due to a write-off of shareholder loans worth £20.4m during the year. The accounts were filed in April this year, but this extraordinary item has only been called to the attention of Running Rugby this week. The underlying loss for the year before tax was £6.6m, an increase of £1.1m from the prior year. Turnover increased by £1.5m to £9.8m, which was due to an additiona...

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  • Secure Trading Partner England Sevens

    The Rugby Football Union (RFU) has announced a four-year partnership with Secure Trading - specialists in online payment processing - to be front-of-shirt sponsor of the men’s and women’s senior England Sevens squads. Secure Trading’s support for rugby sevens in England will extend to the RFU’s grassroots initiative ‘24/Sevens’ which launched in 2016. They will become the title sponsor of the community sevens series which aims to continue to grow sevens rugby and increase participati...

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  • Worcester Report £8m Loss For 2016-17

    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...

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  • Scottish Rugby To Buy Worcester?

    The Scottish Rugby Union are reportedly close to securing a takeover of Worcester Warriors after a bid from ex-Swindon Town football club chairman Jed McCrory is understood to have failed. According to local press and the Rugby Paper, McCrory had been granted a period of exclusivity to complete the deal. But that seems to have expired last week without agreement and the SRU is now believed to be in pole position to take control of the Aviva Premiership club. Warriors’ owners Sixways Holdings L...

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  • Wigan Add CWM FX As Club Partner

    Wigan Warriors have announced forex Trading firm CWM FX as a new official club partner in a move which will see the club's headquarters renamed CWM FX Central Park. CWM FX have offices in London and Manchester and offer professional Trading platforms and features, giving users the power to customise their Trading experience to fit personal needs for any trade. They will have their logo feature on all Wigan home and away shirts, as well as training apparel. Wigan chairman Ian Lenagan said: "It i...

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  • Worcester Post Loss For Last Season

    ... a pre-tax loss of approximately £5.2 million for the year ending 30 June 2015 when the club earned promotion from the Greene King IPA Championship. The loss was very similar to the previous year, according to figures from Companies House. However, WRFC Trading Ltd, recorded a turnover of £8.4m - up from £7.9m in the 2013/14 season. Results for this current season are expected to be much improved with increased gates, sponsorship and Premiership funding. Meanwhile, chief executive Jim O...

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  • Exiles Increase Turnover

    London Irish Holdings Ltd today announced full year Trading results for the financial year ended 30th June 2011.   • Turnover for the period increased by 9.2% to £8.24m (2010: £7.55m) • Administration costs decreased 2.4% to £7.86m (2010: £8.05m) • Operating Losses for the year decreased 49.3% to £1.06m (2010: £2.09m) • Cash outflows from Operating Activities reduced by 67.2% to £813k (2010: £2.48m)   Commenting on the results, Andy Martin CEO, said: “we have been working ext...

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  • Rhino Rugby Ties Up With Li & Fung In Leisurewear Sector

    Rhino Rugby has signed a five year licence agreement with Li & Fung in the leisurewear sector. The deal follows MAY Trading, Rhino’s original licensee in this sector, becoming part of the Hong Kong headquartered group’s UK operations. Since 2010, MAY Trading has been developing a range of leisurewear and apparel for Rhino, and the process will gain momentum from the support and resources of Li & Fung,  who are one of the world’s leading consumer goods design, development, sourcin...

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  • RFU Wins Viagogo Appeal

    The Rugby Football Union (RFU) has succeeded in defeating Viagogo’s appeal in the Court of Appeal against the decision in March this year ordering it to reveal the names and addresses selling tickets for Twickenham internationals on the Trading site. In a landmark ruling - the first action of its kind by a national governing body - the order of Mr Justice Tugendhat requiring Viagogo to reveal details of those who placed tickets for sale on the website for the 2010 Investec Internationals and...

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  • Bartercard Renew Deal With Hull FC

    Hull FC have agreed a renewal to their sponsorship deal with business-to-business Trading exchange Bartercard.  Bartercard's branding will appear on the sleeve of the club's 150th anniversary shirt during the 2015 season, with the company also benefiting from other multi-platform rights under the partnership.  The deal is an extension to the year-old existing parntership and was brokered by Miller Sports. Hull FC commercial and operations director Sarah McAllister added: "We are delighted that...

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