England/Rugby Football Union: revenues of £175m (€210m) & a £42m loss in 2023-24

News Tank Football - Paris - News #345740 - Published on
©  RFU
Rugby Football Union Annual Report 2023-24 - ©  RFU

The Rugby Football Union (RFU) recorded revenues of £175.2m (€210.1m at 30/06/2024) at the end of the 2023-24 financial year (01/07/2023 to 30/06/2024), down 20.8% on 2022-23 (£221.4m/€256.6m at 30/06/2023), announced the English body on 25/11/2024.

"The reduction in ticket income (£23.0m vs £48.4m) and hospitality and catering income (£48.8m vs £70.8m) are both driven by that lower number of men's home games (four in 2023-24 vs seven in 2022-23). The year-on-year reduction in broadcast revenues (£34.5m vs £40.9m) is predominantly driven by the two Rugby World Cup 2023 (organised in France) warms ups attracting a smaller fee from broadcasters than the four home Autumn Internationals the previous year," said the RFU.

"Sponsorship revenue is largely flat year on year (£25.7m vs £25.9m) as partnerships terms are typically 3-4 years. The increase in Income from subsidiaries (£18.7m vs £10.7m) is driven by increased income in England Rugby Travel who benefitted from fans travelling with them as the trusted provider for trips to the men's Rugby World Cup. This increased revenue will return…

©  RFU
Rugby Football Union Annual Report 2023-24 - ©  RFU

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