Scottish Rugby announce £10.6m loss and 35 potential job losses
Scottish Rugby expects to lose £10.6m this year and says 35 roles are at risk of redundancy.
The governing body has announced a “financial reset programme” after forecasting a loss of over £10m for the second year in a row.
The plan aims to take the union out of the red by 2025/26 and into profit the year after, but commits to maintaining current levels of funding for Glasgow Warriors and Edinburgh for next season.
That means both clubs are free to sign players.
All other recruitment at Murrayfield has been frozen, apart from the search for a new chief executive to replace Mark Dodson, and performance director.
Planned repairs and improvements to Murrayfield will also be made in order to bolster hospitality and bring in more cash.
Related
Tottenham 1-2 Ipswich: Ange Postecoglou says Spurs inconsistency down to…
Tottenham head coach Ange Postecoglou says their inconsistent start to the season is down to him rather than his players.Spurs were beaten 2-1 by Ipswich on Sun
Celtic supporters boo during minute’s silence before Remembrance Day match…
Clubs across the country held a minute's silence ahead of kick-off on Sunday But Celtic supporters loudly booed with the noise audible on Sky's mi
Ding Junhui ends ranking title drought with International Championship win
Ding Junhui ended a five-year wait to win his 15th world ranking title with a 10-7 victory over Chris Wakelin in the final of the International Championship in
Ireland in the running to stage an NFL match next…
NFL commissioner Roger Goodell has confirmed that Ireland could be in line to host one of eight expected international games next season.Goodell said a match in
