Ospreys Post First Profit For Nine Years

The Ospreys have posted a profit of £143,498 in their latest accounts, marking an impressive turnaround after recording a six-figure loss the previous year. It is the first time that the Welsh region has posted a positive end of year figure for nine years since 2007 and is a marked improvement on the net loss of £123,560 last year. The figures, revealed by directors of holding company Llandarcy Park (Ospreys) Ltd, show that ticketing revenue and commercial income continued to grow during the latest financial year and funding increased as a result of the new Rugby Services Agreement and Europea…