Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

RFU to cut 42 staff in bid to balance books

Written by 
Published in Rugby
Tuesday, 10 September 2024 05:31

More than 40 staff will be laid off by the Rugby Football Union as it seeks to stem "unsustainable" losses.

The job losses come as part of restructuring with 64 roles at risk, and 22 new posts created.

The RFU said it would "protect headcount and investment" in the community game and the changes will not have a direct impact on England's men's, women's or age-grade and development teams.

The union recently sold the naming rights to Twickenham to insurance giant Allianz in a deal believed to be worth about 100m over 10 years.

However, its most recent financial report - published in December - forecast an ongoing operating deficit of 5m which it described as "unsustainable in the long term"., external

A new Professional Game Partnership between the RFU and Premiership clubs, which gives England more control of its elite men's players in exchange for 33m a season, has added to the union's costs.

While a rise in the cost of "utilities, travel, and the operating costs of running a business", combined with "a decline in broadcast revenues and consumer confidence" have also increased financial pressures.

Matchday and event income from Twickenham makes up the majority of the RFU's revenue and the newly-rebranded Allianz Stadium is a leading contender to stage the climax of the first Rugby Nations Championship in 2026.

The new biennial tournament pits the best international sides in the northern and southern hemisphere against each other and culminates in a series of ranking play-off games at the end of the year.

Qatar had bid to host the first four editions of the event, but the unions involved opted against taking up a lucrative offer.

"You could have three matches here (Twickenham), two somewhere else and one somewhere else, in London," said RFU chief executive Bill Sweeney.

"That would be a natural destination. Conversations are happening and have been on-going since the Qatar decision. There are other possibilities of other European venues, but London is a strong possibility."

Sweeney suggested that the tournament could be taken to the United States in 2030 as a precursor to the Rugby World Cup staged there a year later.

Read 75 times

Soccer

Arsenal title hopes in tatters after West Ham loss

Arsenal title hopes in tatters after West Ham loss

Arsenal's Premier League title hopes suffered a hammer blow when Jarrod Bowen's goal just before hal...

Flick warns Barça must 'improve a lot' despite win

Flick warns Barça must 'improve a lot' despite win

EmailPrintOpen Extended ReactionsBarcelona coach Hansi Flick said his side must "improve a lot," des...

Amorim criticizes United players for slow starts

Amorim criticizes United players for slow starts

EmailPrintOpen Extended ReactionsManchester United head coach Ruben Amorim criticized his players fo...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Embiid benched, declines comment as Sixers lose

Embiid benched, declines comment as Sixers lose

EmailPrintOpen Extended ReactionsPHILADELPHIA -- Joel Embiid got benched and the 76ers got beat at t...

Sources: Popovich not expected back this season

Sources: Popovich not expected back this season

EmailPrintOpen Extended ReactionsSan Antonio Spurs Hall of Fame coach Gregg Popovich is not expected...

Baseball

Yanks use ABS challenge system, keep inning alive

Yanks use ABS challenge system, keep inning alive

EmailPrintOpen Extended ReactionsDUNEDIN, Fla. -- Changing one ball to a strike can completely alter...

Fisher, All-Star reliever, World Series champ, dies

Fisher, All-Star reliever, World Series champ, dies

EmailPrintALTUS, Okla. -- Eddie Fisher, the right-hander whose 15-year major league career included...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated