Connect with us

Latest News

Debts pushing game towards cliff-edge

Debts pushing

The measure of how much rugby union in England depends on the international game was laid bare this week.
It arrived in the form of an independent report – not under the aegis of either the RFU or Premiership Rugby – which confirmed that seven of the remaining 10 Premiership clubs have insolvent balance sheets.
Put simply, it means that those clubs do not have enough assets to pay all their debts due to their negative net worth.
This situation is no revelation, because before the collapse of three Premiership clubs in late 2022 – Wasps, Worcester and London Irish – there were reports that th...

Continue reading...

Access all our premium content from as little as 14p per day!

SUBSCRIBE

Already a subscriber to our website? Login

Related Topics
Click to comment
 

Tackle the News

- Sign Up for our weekly Rugby Newsletter
Your subscription could not be saved. Please try again.
Your subscription has been successful.

The Rugby Paper

Stadium Solutions

Arg v SA

Collinson Tensile

Taurus TapeLifting Giants

One Year To Go

Stadium Solutions

The best betting sites

Globusbet

£10 MINIMUM DEPOSIT CASINOSonline-casinos-nz-banner

Betzillion UKGGBet

free bets

More in Latest News