Baron's review of England rugby is due at the end of April

They missed out on television incentive payments and sponsorship money after the team finished fourth in the table for the second successive year.

"We budget to win the Six Nations as that gives you maximum revenue, but you are also budgeting to pay win bonuses," said RFU chief executive Francis Baron.

The reigning world champions won just two games, beating Wales and Italy.

A review of England's 2006 campaign is currently being carried out and is due to be completed by 28 April.

Baron warned that the positions of everyone, from head coach Andy Robinson down, are being looked at.

If I'd cost my employer that much I'd be packing up and looking for work by now From C Have your say on Scrum V

"Following the second year running when we have had a less than acceptable performance, all the issues have to be looked at," he said.

"We have clearly got to bottom out with the wide range of issues because things in our structures haven't delivered the desired results."

Baron added: "We have to make sure that these decisions should be right, not only in the short term but in the longer term as well.

"There are people's careers at stake here. We are not going to be rushed into doing a half-baked job. We have to get it right for the England team and for rugby in our country."