Scarlets announce loss of £1.7m
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Scarlets made a pre-tax loss of more than £1.
7m in the latest available accounts for the year ending June 2014.
Fellow Welsh rugby region Cardiff Blues recorded a loss of almost £240,000.
Scarlets' loss was £1m more than the previous year, a sum blamed partly on the two-year dispute with the Welsh Rugby Union that ended in a
£60m Rugby Services Agreement
in August 2014.
Chairman Nigel Short, in his statement, said Scarlets had been "materially at risk" due to the agreement's delay.
The four Welsh regions, which also include Ospreys and Newport Gwent…
7m in the latest available accounts for the year ending June 2014.
Fellow Welsh rugby region Cardiff Blues recorded a loss of almost £240,000.
Scarlets' loss was £1m more than the previous year, a sum blamed partly on the two-year dispute with the Welsh Rugby Union that ended in a
£60m Rugby Services Agreement
in August 2014.
Chairman Nigel Short, in his statement, said Scarlets had been "materially at risk" due to the agreement's delay.
The four Welsh regions, which also include Ospreys and Newport Gwent…
