Tuesday, 27 September 2022

Scottish Rugby - Audited Accounts - 2021/22


 

Scottish Rugbys audited accounts for 2021/22 show a revenue of £57.9m, a rise of £5.5m from the previous year.

 

Revenue 2022 2021

£000 £000
Ticketing Revenue 16413 Nil
Broadcast Income 15265 19620
Commercial Income 9264 8543
Professional Teams 10585 540
Development Income and Grants 3198 17864
Hospitality and Other 3203 1071

57928 52498

Operating costs have increased from £48m to £61m, 

Expenditure 2022 2021

£000
£000
International Rugby 11261 9991
Professional Rugby 21129 17697
Performance Rugby 4136 3587
Domestic Rugby 4151 3117
Club Support Funds 3517 1889
Commercial 4508 4025
Facilities 6601 3445
Administration and Governance 5748 5060
Total Operating Costs 61051 48811

so after depreciation costs, the operating deficit is showing as £5.5m, compared to last years surplus of £1.9m.


The sale of the strategic investment in 6 Nations to CVC gave rise to a gain £34.2m, whilst the value of the 15.5% investment in Washington DC Professional Rugby was written down (£881k) giving a net surplus after tax to £29m for the year (£10.5m last year).


 

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