The Rugby Football Union today cemented their position as the most powerful Union in the sport by revealing record revenue that broke through the £200million mark.
This was achieved in the financial year leading up to the Rugby World Cup, which could net the RFU £70m. However, revenue of £207.9m will be of little comfort to England rugby fans who saw their team become the first hosts to fail to make the World Cup knockout stages.
The RFU annual report revealed: “Revenues exceeded £200m for the first time, thanks to the effect of the high number of Twickenham matches on ticket, broadcasting, hospitality and other match-day revenues, non-match day conference and event revenues, renewed long-term sponsorship deals and the recognition of Rugby World Cup revenues to match costs incurred.”
RFU chief executive Ian Ritchie said: “This was a busy and financially successful year, with a retained profit of £7.7m after making a record level of investment directly into clubs and in operating the English game at all levels. Given all the activities that are happening at Twickenham and across the country in building the legacy for RWC2015, it has never been truer that our success is only achieved with the help and dedication of our entire team of volunteers and staff.”