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RFU reports 'record' group revenues
The Rugby Football Union (RFU) has posted "record" group revenues of £136.3m for the year ending 30 June 2011, following an increase of £24.3m on the previous 12 months.
According to the national governing body for English rugby union, the growth was "largely driven" by the match programme in addition to increases in "most other" income streams.
Marriott Hotel Twickenham and the Virgin Active Classic Health Club, which are both sited at London's Twickenham Stadium, saw revenues grow by £2.3m to £.8.7m in 2010-11.
Meanwhile, the RFU also reported that investment in the grassroots game reached "record" levels during the reporting period, with £18m for activities and projects across England.
RFU acting chief executive officer Martyn Thomas said: "The RFU's record revenues mean that the game benefits because, although the union works to maximise profits, unlike a PLC we then invest this in the sport.
"These results put us in a very strong position for the lead-up to Rugby World Cup 2015, which will bring a unique opportunity to grow the game nationwide, while creating a lasting legacy."
Details: www.rfu.com
Image: Tijani59
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