Scottish rugby delivers record multi-million pound profits...again
Rugby NewsMonday, 23 July 2018 at 15:35
Scottish Rugby has generated one of the strongest operating results for the game in its history, which will lead to a continuing increase in investment across the sport in Scotland, its 2017/18 Annual Report has confirmed today.
Annual Report highlights:
-
Record turnover of £57.2million achieved (rise of £5.8m) + 11.3% on previous year
- Represents 63% rise in income growth since 2011
- A surplus of £1.8m reported
- Average debt down to £2.4m, a fall of £2.8m on previous year
- Funds generated allow significant ongoing and increasing investment to be earmarked for grassroots clubs
- Run of eight consecutive sell-out matches continued at BT Murrayfield
- Scottish Rugby to continue Club Sustainability Fund for foreseeable future
- Represents 63% rise in income growth since 2011
- A surplus of £1.8m reported
- Average debt down to £2.4m, a fall of £2.8m on previous year
- Funds generated allow significant ongoing and increasing investment to be earmarked for grassroots clubs
- Run of eight consecutive sell-out matches continued at BT Murrayfield
- Scottish Rugby to continue Club Sustainability Fund for foreseeable future
A record turnover of £57.2million was achieved over the 2017/18 season, an 11% rise of £5.8million on the previous season and equating to a 63% rise in income growth since 2011.
This in turn has generated a surplus of £1.8million, among the highest ever recorded for the organisation.
The record-breaking financial results have also enabled Scottish Rugby to record its lowest average debt in the professional era.
TRENDING
LATEST NEWS
LATEST COMMENTS
- Jordie Barrett over Damian de Allende is far from being correct. The hype around Dupont is also overreaching, he's probably 4th in the world and has been since the 2023 WC. He also avoids certain matchups which is strange. The rest of the list is pretty good apart from minor subjective biases.JasonMarlow16-09-2026
Loading