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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IRB Increases Investment Despite £10m Rise In Annual Losses

2 October 2014 by Tim Groves

The IRB has revealed that it will have invested an annual sum of in excess of £50 million in the sport come the end of 2014, despite making a loss of £45 million in the financial year ending 31 Dece...

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WRU Increases Investment After Tumultuous 2014

2 October 2014 by Tim Groves

The WRU has ended the most tumultuous year in its history by announcing an increase in its level of investment to £22.5 million, despite a disappointing four per cent drop in turnover. The governing ...

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Falcons Won't Spend Big Despite Increased Salary Cap

24 September 2014 by Editor

Newcastle Falcons will continue to spend within their means despite the recent news of an increased Premiership salary cap, according to director of rugby Dean Richards. In a story in The Chronicle, R...

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Warriors Spending Big In Quest To Become West Midlands Superpower

18 September 2014 by Tim Groves

When you paint a picture of a club without a CEO and having just suffered relegation after losing their opening 17 league fixtures words such as crisis and rudderless spring to mind, but Worcester app...

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Plymouth Albion Considering Options After Takeover Rumours

10 September 2014 by Editor

Plymouth Albion chiefs have admitted they are considering "a number of options" after local paper The Herald reported a pair of potential takeover bids. In a statement posted on its website, the Champ...

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Tigers Reveal 20 Per Cent Profit Rise

4 September 2014 by Tim Groves

Leicester Tigers have revealed that the club's turnover rose by two per cent to £19.4 million and its operating profit soared by over 20 per cent to just short of £0.5 million in the year ending 30 ...

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Corporate Sales Executive - Wasps

Operating in the commercial department, the primary responsibility will be to plan and carry out new business sales activities across the whole of Wasps' match day portfolio, meeting and exceeding sales targets so as to maximise revenue and profitability at the club.

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- Actively target businesses and individuals to sell across the range of the Wasps portfolio
- Responsible for managing sales database
- Responsibility for the delivery of individual sales targets
- To actively consider new approaches to the clubs assets to maximize sales
- Making at least 10 new leads a week to add to the commercial team’s database

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