RFL Clubs Improve their Financial Position
The news that National League One club Featherstone Rovers have emerged from a period of administration has created an encouraging situation for the Rugby Football League, who no longer have any of their member clubs labouring under that degree of financial restraint.
Throughout the last decade a number of professional Rugby League clubs have been forced to seek the security of administration during periods of financial strife but, following the sport's major restructuring, they have been able to stabilise their affairs and return to normal trading conditions.
The Rugby Football League are able to assist their member clubs develop the commercial viability of their businesses by offering the services of the Club Support Unit which is able to offer expert advice on such matters as lottery development, securing grant aid and marketing development.
Additionally clubs now have greater access to management advice and services through the headquarters operation at Red Hall in Leeds.
Nigel Wood, the RFL's Financial Director said: 'It is probably unique in the recent history of our sport for none of our clubs to be in administration and to have achieved such a pleasing situation is a tribute to the hard work of many unsung heroes at the clubs.
'That said we still have much work to do by way of education and sharing best practice to reduce some of the remaining isolated examples of weak financial performance to assist the sport in achieving its desired objective of collective solvency.'
Contact:
John Huxley
Media and Public Affairs Executive
Rugby Football League
Tel: 0113 244 1114
Fax: 0113 244 1110
Mobile: 07889 174280
E mail: john.huxley@rfl.uk.com
Throughout the last decade a number of professional Rugby League clubs have been forced to seek the security of administration during periods of financial strife but, following the sport's major restructuring, they have been able to stabilise their affairs and return to normal trading conditions.
The Rugby Football League are able to assist their member clubs develop the commercial viability of their businesses by offering the services of the Club Support Unit which is able to offer expert advice on such matters as lottery development, securing grant aid and marketing development.
Additionally clubs now have greater access to management advice and services through the headquarters operation at Red Hall in Leeds.
Nigel Wood, the RFL's Financial Director said: 'It is probably unique in the recent history of our sport for none of our clubs to be in administration and to have achieved such a pleasing situation is a tribute to the hard work of many unsung heroes at the clubs.
'That said we still have much work to do by way of education and sharing best practice to reduce some of the remaining isolated examples of weak financial performance to assist the sport in achieving its desired objective of collective solvency.'
Contact:
John Huxley
Media and Public Affairs Executive
Rugby Football League
Tel: 0113 244 1114
Fax: 0113 244 1110
Mobile: 07889 174280
E mail: john.huxley@rfl.uk.com