RFU reports major revenue recovery after record loss

The Rugby Football Union has reported a sharp financial recovery, recording revenue of £228 million — its highest figure in a decade — in its latest annual accounts.

Despite the strong income performance, the governing body still posted a small overall loss of just under £2 million.

The figures mark a major improvement from the £42 million loss recorded in 2023–2024, a result that triggered heavy criticism and placed chief executive Bill Sweeney under significant pressure.

Sweeney, whose salary remains £700,000 including bonuses but excluding the controversial long-term incentive plan scheme, said this year reflected “progress amid challenges,” acknowledging that some areas of the game remain financially strained.

The accounts, covering June 2024 to June 2025, benefited from seven home men’s internationals in Twickenham — a major driver of RFU income. This contrasts with the previous year, when only five home matches were staged and high spending on England’s Rugby World Cup preparations contributed to the record deficit.

The £228 million revenue is the second-highest total in RFU history, only behind the 2015–2016 season when England hosted the men’s Rugby World Cup. The union says the improved financial outlook will help stabilise long-term planning as the next four-year cycle begins.

“This has been a year of progress amid challenges,” Sweeney said.

“We’ve made genuine advances on and off the field, yet we know parts of the game remain under real pressure.

"The recovery of the community game, the resilience of our clubs, and the engagement we’ve seen through our roadshows show what’s possible when we listen and act together.

“The success of the Red Roses and Rugby World Cup 2025 is a powerful springboard to inspire the next generation, and the England men’s team continue to build as they work through their World Cup cycle.

"There is plenty to be positive about while being clear eyed about the challenges ahead.”