Job search
Job Search
Latest news
More news: (showing 1 - 20 of 12628)           
UK only International

'Challenging times' ahead for rugby as RFU reports £30m losses

By Tom Walker    27 Nov 2018
RFU invested a record £107.7m in the English game during the financial year

The Rugby Football Union (RFU) has posted losses of £30.9m for 2017-18 – a year in which the national governing body also made 54 staff members redundant.

The financial statement for the year ending 30 June 2018 shows that the RFU invested a record £107.7m in the English game in the last financial year – despite income falling by £12.5m.

Outgoing CEO Steve Brown said the RFU faces 'testing times' ahead.

"Looking back, 2017-18 clearly marks a transition point for the RFU, as it moves from a period of high growth and investment in the game to a more challenging time," Brown said.

Chair Andy Cosslett added that the sport's landscape was "rapidly changing" – and that the organisation must adapt to the changing tide.

This will include the need to reduce RFU's level of annual investment in rugby from the current average of £100m to around £95m.

"Over the past few years we have enjoyed revenue growth in a buoyant sports market," he said.

"During this period of exceptional growth we've been able to increase significantly the amount of investment going back into the game, while maintaining the sound financial position of the Union.

"The situation, though, is changing. Market conditions have been getting tougher and it is clear we can no longer rely on the predictable uplifts in revenues we have seen in recent years.

"As a result we are taking action now to cut our cost base to a more sustainable level and reinforcing our financial disciplines."

The publication comes a week after CEO Steve Brown announced he would be stepping down as after just 14 months in the role.

He insisted that the decision was unrelated to the financial losses of the past year.

To download and read the RFU's annual financial report in full, click here.

The Rugby Football Union  RFU  Steve Brown  Andy Cosslett 
Sign up for FREE ezines & magazines
Related news
Sports jobs
Everyone Active
featured job

Swimming Teachers

Everyone Active
Salary: Competitive hourly rate
Job location: Nationwide, United Kingdom

Fitness Manager

Legacy Leisure
Salary: Competitive Salary and Benefits
Location: Cardiff, UK

Fitness Instructor

Legacy Leisure
Salary: £15,500 per annum
Location: Windsor, UK

Healthy Lifestyle Referral Specialist

Circadian Leisure Trust
Salary: Competitive Salary and Benefits
Location: Thornbury, UK

Sales Advisor

Legacy Leisure
Salary: Competitive Salary and Benefits
Location: Exeter, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £ 21,284 per annum
Location: Walthamstow, East London

Sales Manager

Parkwood Leisure
Salary: £24,000 per annum plus OTE
Location: Erith, UK

Apprentice Recreation Assistant (Lifeguard)

GLL
Salary: Competitive Salary and Benefits
Location: Waddon, South London

General Manager

truGym
Salary: Competitive Salary and Benefits
Location: Luton, Hertfordshire, UK

Leisure Assistant (Fixed Term)

Circadian Leisure Trust
Salary: £7.90 - £8.45 per hour
Location: Kingswood, Bristol, UK
recruiting with sports management

Apprentice Recreation Assistant (Lifeguard)

GLL
Salary: Up to £21,284 per annum (40 hours a week pro rata
Location: Tadworth, Surrey

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £10.20 per hour
Location: Ruislip, West London

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £21,284 per annum
Location: Leytonstone, East London

Recreation Assistants

Everyone Active
Salary: Competitive
Location: Sutton, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £21,284 per annum
Location: Stoke Newington, North East London

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £21,284 per annum
Location: Poplar, East London

Sales Prospector (Part-Time)

énergie fitness
Salary: Competitive
Location: Hatfield, UK
recruiting with sports management

Duty Manager / Team Leader

Everyone Active
Salary: Competitive
Location: Wigston, UK

Senior Recreation Assistant (Lifeguard)

GLL
Salary: Up to £22,320 per annum
Location: Hackney, East London

Trainee Duty Manager

Parkwood Leisure
Salary: £8.25 per hour
Location: Bristol, UK

Active Living Officer

Camden Council
Salary: £28,910 – £33,531
Location: London, UK

Community Sport and Physical Activity Officer

Camden Council
Salary: £28,910 - £33,531
Location: London, UK

Senior Aquatic Leads - 3 roles

Everybody Sport and Recreation
Salary: £26,821- £30,152
Location: Cheshire, UK

Duty Manager

Parkwood Leisure
Salary: Circa £18,000 per annum
Location: Llantwit Major, UK
training with sports management

Fitness Instructor

énergie group
Salary: Competitive Salary and Benefits
Location: Cricklewood, London, UK

Customer Service Manager (Health Fitness)

Halo Leisure
Salary: £23,230.00 Per Annum
Location: Bridgend, UK

General Manager

Halo Leisure
Salary: £26,000.00 Per Annum
Location: Bridgend, UK

Sales Manager

Lex Leisure
Salary: £24,000 per annum plus OTE
Location: Bexley, UK

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £21,284 per annum
Location: Bethnal Green, East London

Recreation Assistant (Lifeguard)

GLL
Salary: Up to £7.96 per hour
Location: Woodstock, Oxfordshire

Multi Skilled Sports and Recreation Apprentice

GLL
Salary: Up to £16,187 per annum (39 hours a weeks pro rata
Location: Swindon, Wiltshire, UK
lifeguard jobs  Swimming Teacher jobs  apprenticeships jobs  recreation assistant jobs  Gymnastics Coach jobs  Swimming Instructor jobs  membership consultant jobs  general manager jobs  General Assistant jobs  duty manager jobs  fitness instructor jobs  Customer Advisor jobs  Leisure Assistant jobs  Aqua Instructor jobs  Attractions Crew jobs 
More jobs

Video Gallery

Fitness On Demand
No More Empty Studios. Seriously. Fitness On Demand™ Virtual Group Fitness.
Visit website
More videos

Company profile

Company profile: Taylor Made Designs
Taylor Made Designs (TMD) supplies all manner of uniform, workwear, performance clothing, PPE and branded merchandise, looking after teams from all departments including gym floor staff, teachers, catering, maintenance, front of house, outreach, corporate wear, swim teachers, PTs and more.
View full profile >
More company profiles

Featured Supplier

Astons Health Studio Lead the Way with eGym SmartStart
Astons Exclusive Health Studio in Chichester features modern connected training concepts on its Precor equipment, through eGym SmartStart.
View full details >
More featured suppliers

Property & Tenders

Location: White Rocks, Hastings
Company: GVA
More properties & tenders

Diary dates

22-24 Jan 2019
Harrogate Convention Centre, Harrogate, United Kingdom
28-29 Jan 2019
Radisson Blu Hotel, London Stansted, Stansted, United Kingdom
29-31 Jan 2019
Ericsson Exhibition Hall, Ricoh Arena, Coventry, United Kingdom
07-09 Mar 2019
Shanghai New International Expo Center, Shanghai, China
More diary dates