Bath Report Increased Income Of £16.9m For 2015-16
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Bath Rugby has reported increased turnover and a reduction in net loss for the 2015/16 financial year, as the club moves closer to its goal of becoming self-sustainable.
The results for the year ending 30th June 2016 show a 15% growth in turnover to £16.
9m (2015: £14.
6m), and a 33% reduction in net loss for the financial year to £1.
2m (2015: £1.
8m), despite significant investment primarily in the playing squad.
The club claimed that improved financial performance will continue in the year to 30th June 2017, supporting investment particularly in the rugby department, as the club pursu…
The results for the year ending 30th June 2016 show a 15% growth in turnover to £16.
9m (2015: £14.
6m), and a 33% reduction in net loss for the financial year to £1.
2m (2015: £1.
8m), despite significant investment primarily in the playing squad.
The club claimed that improved financial performance will continue in the year to 30th June 2017, supporting investment particularly in the rugby department, as the club pursu…
