 RFU chief Francis Baron is pleased with the figures announced |
The Rugby Football Union has announced a profit of �13.5m for the year ending 30 June. Last year's Rugby World Cup meant the RFU missed out on an estimated �5.6m from the traditional autumn Tests.
And England played only two home matches in the Six Nations, meaning the RFU also lost out on �2.7m.
But an increase in demand in both the commercial and hospitality sectors after the World Cup final helped the RFU claw back most of the shortfall.
The 2003/ 2004 turnover of �71.3m broadly matched the previous year's record turnover of �72.4m.
The RFU also received over �600,000 for hosting concerts by the Rolling Stones in August and September last year, and a similar amount from the England Rugby Supporters Club.
RFU chief executive Francis Baron said the association now had an excellent foundation from which to exploit the commercial opportunities over the next few years.
MMIX
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