England
RFU posts record revenues of £207.9m for 2014-15
ESPN Staff
November 30, 2015
Twickenham Stadium
Twickenham Stadium© Clive Gee/PA Wire/Press Association Images

The Rugby Football Union has posted record revenues of £207.9m for the financial year 2014-15 despite a disappointing performance in the Rugby World Cup from England

England crashed out of the World Cup at the pool stages but the RFU is in rude financial health. "Revenues exceeded £200m for the first time thanks to the effect of the high number of Twickenham matches on ticket, broadcasting, hospitality and other match-day revenues, non-match day conference and event revenues, renewed long-term sponsorship deals and the recognition of Rugby World Cup Revenues to match costs incurred," the RFU said in a statement.

"Rugby investment increased 2% over the previous year to £76.8m, with investment in professional rugby broadly flat with 2013-14 but rugby development investment up by 5% (£1.5m) due to increased spending on game development and growth initiatives."

The RFU chief executive Ian Ritchie added: "This was a busy and financially successful year with a retained profit of £7.7m after making a record level of investment directly into clubs and in operating the English game at all levels."

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