England Rugby Travel: RFU joint venture goes into liquidation Sport Business England Rugby Travel Limited, a venture involving rugby’s governing body the RFU, has gone into liquidation. The firm, based out of Twickenham Stadium (Allianz Stadium), provided fans with ticket packages and experience for England Rugby matches both home and away. Paul Ellison and Rob Keyes of KRE Corporate Recovery Limited have been appointed liquidators for [...]
Brentford owner Benham weighs up minority investment in Bees Sport Business Brentford have received multiple offers of minority investment from American groups who value the club at around £400m. Owner Matthew Benham has been seeking additional investment for over a year. Rothschild was appointed to oversee the sales process but City AM understands that the merchant bank is no longer working on the Brentford deal. The [...]
Sweeney should get RFU bonus if he earned it. He didn’t, so shouldn’t Sport Business England Rugby’s CEO Bill Sweeney should get a hefty pay package, but only if the numbers add up. They don’t, so he shouldn’t, argues Matt Hardy Should the chief executive of a major organisation receive a bonus for the work they do? For some it will depend on where they stand on the morality of [...]
RFU hits back at MPs, saying it got no COVID-19 loans from Government January 15, 2025 The Rugby Football Union (RFU) has hit back at MPs after a swathe of parliamentarians demanded government intervention over the “dying” game. English rugby’s governing body has faced widespread criticism over bumper bonuses for chief executive Bill Sweeney while the wider game struggles to find a financial footing. Shadow sports minister Louie French said that [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
Ahead of the Game: Man United cuts could be copied by other clubs December 30, 2024 Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Why RFU boss Sweeney is set for no confidence vote December 18, 2024 Rugby Football Union chief executive Bill Sweeney will face a vote of no confidence after over 180 clubs and bodies rebelled against the governing body’s biggest name. Sweeney, alongside chairman Tom Ilube, will face the music in February following a grassroots-led revolt against the body led by the referees’ union and the Championship clubs at [...]
Championship rugby clubs expecting legal challenges over promotion criteria December 4, 2024 Championship rugby clubs are expecting legal challenges to the criteria that they will be judged against for promotion to the Premiership. Top-of-the-table Coventry announced yesterday that they had applied for an audit that, if passed, would grant them access to a play-off between the team that finishes bottom of the Premiership and the Championship winner. [...]
RFU boss Bill Sweeney paid £1.1m despite heavy losses November 25, 2024 England Rugby chief executive Bill Sweeney was paid £1.1m in the last financial year despite the game struggling to stay on its feet. It comes as the governing body for rugby in England announced record losses nearing £40m and confirmed there would be redundancies within the organisation. The Rugby Football Union insists that their year, [...]
Wasps step closer to new Kent home and Championship spot November 13, 2024 Two-time European champions Wasps moved a step closer to reviving their defunct rugby club after they secured land in Kent for a new stadium. The site in Swanley has been acquired on a 10-year-option and could be used to build a new stadium in the south east of the country after the club were one [...]