adminCape Town — England’s Rugby Football Union (RFU) has announced record revenues this year following the successful hosting of the 2015 Rugby World Cup. According to a statement released on Monday, the RFU Annual Report and Accounts showed that revenues for 2015/15 “exceeded £200m for the first time.”The RFU put the record figure down 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 cost incurred.”
“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,” RFU chief executive Ian Ritchie said. — Sport24
Online Reporter
Bongani Ndlovu