Scottish Rugby Reports Financial Challenges Amid Record Revenue
Scottish Rugby recently disclosed a notable loss of £11.3m for the fiscal year concluding on 30 June 2024, despite achieving a record-breaking revenue of £73.9m.
Rugby Finance refers to the financial aspects related to the sport of rugby, including funding, sponsorship, budgeting, and economic management within rugby organizations. This term encompasses the financial support for rugby clubs, teams, and competitions, as well as the revenue generation strategies such as ticket sales, merchandise, and broadcasting rights. Rugby Finance also pertains to the investment and financial planning needed to sustain the operations of rugby entities, ensure player salaries, and develop facilities and infrastructure. Overall, it addresses the monetary considerations essential for the growth and sustainability of rugby as a sport.
Scottish Rugby recently disclosed a notable loss of £11.3m for the fiscal year concluding on 30 June 2024, despite achieving a record-breaking revenue of £73.9m.