Sky Reports Decreased Profits OVO Energy To Sponsor Tour Of Britain ManU, Facebook Partner For AR Platform Scottish Racing Could Lose Course Headingley Redevelopment Imminent Leyton Orient Fans Plan Protest EPL Clubs Make Limited Progress British Cycling Announces Review Adidas Expects Chinese Margins To Shrink Eisner To Present Portsmouth Takeover Bid
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
May 31 - Jun 1
SBD Global/November 14, 2012/Finance
Rugby Football Union Reports $10M Loss, Cites Fewer Matches At Twickenham
Published November 14, 2012
GROWING THE GAME: The PA reported the RFU has "recently announced plans for a £76M ($121M) upgrade of Twickenham Stadium and a £26M ($41.2M) investment in the community game to "take full advantage of the 2015 World Cup legacy." RFU CFO Stephen Brown said that the RFU "will have repaid the full bank loan which financed the Twickenham south stand by the end of the current financial year" (PA, 11/13). REUTERS' Keith Weir reported the RFU is "beefing up its commercial activities ahead of the World Cup." The introduction of seven-a-side rugby to the 2016 Olympics "will also help raise the sport's profile" (REUTERS, 11/13).