Bill Sweeney, chief executive of England’s Rugby Football Union (RFU), has forecast that the body will lose around £145m (€161m/$188m) in revenues in the short term as a “mid-case” scenario after the organisation posted an operating loss of £10.8m for the 2019-20 financial year.
The £10.8m figure is slightly better than the RFU’s budgeted loss of £11.5m but Sweeney has warned that the true impact of the Covid-19 pandemic will be felt over the coming years.
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