The RFU post Record Financial Results.

The Rugby Football Union’s (RFU) turbulent year has finally received some positive news after posting a record financial performance of £8.7million profit.

Revenue for the year from July 1 2010 to June 30 2011 increased by £24.3million from £112million to £136.3million. Operating profit for the year was £40.6million, an increase of £14.8million on the £25.8million recorded for 2009/10.

The retained profit for the year was £8.7million compared to a retained loss of £1.1million in 2009/10.

The growth is mainly driven by the match programme, with increases also witnessed in most other revenue streams, especially broadcasting, sponsorship and hospitality.

Martyn Thomas, acting chief executive, said: “In a year which presented many challenges, this is a significant achievement. The RFU’s record revenues mean that the game benefits because although the union works to maximise profits, unlike a PLC we then invest this in the sport. “These results put us in a very strong position for the lead-up to Rugby World Cup 2015 which will bring a unique opportunity to grow the game nationwide, while creating a lasting legacy.”

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