Calls for Prem Rugby franchising grow as clubs register debts of £340m Sport Business The 10 Prem Rugby clubs registered combined debts of £340m in the 2023/24 season as calls for a radical franchising process grow louder. Despite encouraging signs of growth in commercial income, the clubs in England’s top flight made a combined loss of £34m, according to the Leonard Curtis Rugby Finance Report. It comes as City [...]
Exclusive: Leicester Tigers and DCMS face scrutiny over £6m Covid loan renegotiation Sport Business Leicester Tigers and DCMS are facing questions after they altered the repayment terms of the club’s £6m Covid-19 loan to interest-only until 2028. The change, which only emerged in the Prem Rugby club’s most recent financial accounts, casts further doubt on DCMS’s chances of recouping its £474m lending to sporting and cultural bodies – raising [...]
County cricket faces viability questions, warns report Sport Business County cricket faces “questions about its long-term viability” despite a looming £520m windfall from sales of stakes in the Hundred franchises, a new report has warned. The Leonard Curtis Cricket Finance Report, launched yesterday at the Oval, examines the financial health of domestic cricket in England and Wales. It found that central funding accounts for [...]
Taxpayer-backed gaming studio collapses into administration July 8, 2025 A company backed by the UK government’s British Business Bank and has worked with some of the world’s largest gaming companies has collapsed into administration. Airship Interactive provides artwork for the likes of Disney, Microsoft and Blizzard and has contributed to titles such as Spider-Man, FC24 and Star Wars: Jedi Fallen Order. The British Business [...]
Insolvencies rise helps Leonard Curtis back into the black February 1, 2024 The rise in company insolvencies across the UK helped Leonard Curtis back into the black during its latest financial year, new documents have revealed.