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Rugby debt rises to £366m

Rugby debt rises to £366m

Prem Rugby clubs’ combined losses rose to £36.5m and debt to £366.1m in 2024-25, while revenues fell to £178.9m and wages reached 80% of revenue. Six of the 10 clubs were balance-sheet insolvent, and a report by Leonard Curtis warned that structural and governance changes are needed to improve the game’s financial sustainability. Despite fresh investor interest, a former Scotland international urged spending restraint.

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