Scottish Rugby posts £11.3m loss, targets profit in 2027
Scottish Rugby lost £11.3m in the year to June 30, 2024 despite record revenue of £73.9m, including Taylor Swift’s one-on-one match at Murrayfield Proceeds from the concert series.
Ticket sales were £16.4m lower than in the previous period, with no autumn tests in a World Cup year and just two home games in the Six Nations.
The figures include an extra month to the end of May 2023 and £1m of special items “to cover restructuring and redundancy costs taken into account”.
Thirteen months ago, losses were reported at £10.5m.
The regulator’s announcement forecast “breakeven in the 2025-26 financial year” and a return to profitability in the 2026-27 financial year.
Outgoing chief executive Mark Dodson was paid £887,000 and his successor Alex Williamson will take over the role early next year.
when announced 35 positions are at risk of layoffs On July 1, Scottish Rugby expected a loss of £10.6 million.
“We have reason to be optimistic about the future,” said Scottish Rugby chairman Professor Lorne Creral. “The Scottish Rugby Limited Board is making steady progress through its financial reset plan.”
American pop star Swift performs Three record-breaking sold-out shows June at Murrayfield.
Oasis will play two nights at Edinburgh Stadium next August.
