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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Dragons In The Red

30 April 2015 by Tim Groves

Newport Gwent Dragons have posted a pre-tax loss of over £350,000 in their latest set of accounts, despite a slight increase in turnover. Newport Rugby Football Club Ltd, which covers Newport RFC Ltd...

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Demystifying the Buzz Around Wasps’ Retail Bond

30 April 2015 by Richard Feigen and Rebecca Hopkins

Wasps’ announcement that it was the latest business to enter the retail bond market caused something of a stir this week. It seems like a dynamic move and is certainly a way for loyal fans to engage...

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Wasps Launch Seven-Year Retail Bond To Raise £35m

29 April 2015 by Mark Tilley

Wasps have issued a seven-year retail bond on the London Stock Exchange that they hope will raise between £25m and £35m. The bonds will pay a fixed gross rate of interest of 6.5 per cent per year un...

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Warriors Post Big Pre-Tax Loss

23 April 2015 by Tim Groves

Worcester Warriors have made a significant pre-tax loss of £5.2 million for the year ending 30 June 2014 as the club was relegated from the Aviva Premiership. That loss is 61 per cent higher than the...

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Sale Cut Losses In Latest Accounts

23 April 2015 by Tim Groves

Sale have reported a loss of £1.6 million for the year ending 30 June 2014, which is an improvement on the £2.3 million lost posted the previous year. The Sharks, trading as part of Cheshire Rugby L...

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ARU Announces Deficit For 2014

22 April 2015 by Mark Tilley

The Australian Rugby Union has announced an overall deficit of A$6.3 million for 2014 as part of its Annual General Meeting.The organisation revealed the huge loss and that it achieved an underlying b...

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England Rugby 2015 Tournament Guest Transport Manager

The Royal Kensington Garden Hotel (RKG) will be the main base for the Tournament Guest programme for England 2015. Tournament Guests will be arriving throughout the Tournament and they will be provided with transport services. This role will require the successful candidate to build a close working relationship with the Tournament Guest team, and regularly liaise with the City Transport Managers of each match venue city, the Arrivals and Departures Manager, the Transport Fleet team and the Tournament Services Co-ordination Centre. The individual will require tact and diplomacy as well as having a solution orientation and a positive can-do attitude.

E-mail info@globalsportsjobs.com with the promotion code ‘RR2013CF’ to qualify for a discounted job posting price.