Seven Premiership Rugby Deemed Insolvent in New Financial Report

A comprehensive study warns that English club rugby faces a financial crisis without drastic changes.

Seven out of ten Premiership rugby clubs are balance sheet insolvent, according to a report by Leonard Curtis.
The clubs collectively lost more than £30 million in the 2022/23 season, with overall net debts totaling £311 million.
Only Leicester, Northampton, and Gloucester are considered viable without wealthy benefactors.
Former England flanker James Haskell warns that rugby is 'heading for a precipice' and calls for urgent changes.
The report highlights concerns over falling broadcasting revenues and high wage bills, despite the league's salary cap increasing to £6.4 million.