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WRU reports "record" annual turnover

By Pete Hayman    10 Sep 2010

The Welsh Rugby Union (WRU) Group posted a "record" £58.5m turnover for the 13 months ending 30 June, according to latest accounts published by the national governing body.

Around £20m was invested back into rugby union in Wales during the period - an 18 per cent increase on the previous year. The WRU Group also saw its pre-tax profits increase to £27.6m. The national governing body unveiled its National Centre of Excellence near Hensol, Cardiff and bought the former Yates's building in Westgate Street, Cardiff, to extend its property portfolio surrounding the Millennium Stadium.

WRU chief executive Roger Lewis said: "We have been able to grow the business in terms of income and this has allowed us to make radical and forward looking decisions which will benefit the future of the game in Wales. "Although we will never become complacent there are now clear and measurable signs that Welsh rugby is working efficiently within a clear operational and financial plan."

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