Premiership Rugby: a "loss-making industry" with 7/10 clubs considered insolvent in 2022-23
"In 2022-23, seven of the ten Premiership clubs could be classed as balance sheet insolvent, meaning they were reliant on financial support from their owners, as they were also loss-making businesses," according to the "Rugby Finance Report 2024" published by Leonard Curtis, an independent UK firm specialised in corporate recovery, insolvency...