Select Car Leasing Stadium, Behind East Stand

A supporter’s take on the latest RFC accounts – Mar 2023

Amongst the STAR membership there is a forensic accountant and every year he shares his analysis of the club’s latest accounts – for which many thanks. Here’s his analysis for the accounting year ending in June 2022.

Key points:

  • No surprises in the accounts
  • Wage bill significantly reduced
  • Club continues to lose money
  • But Mr Dai continues his support by converting debt into equity
  • In five season Mr Dai has pumped £166m into the club
  • Some progress made towards a more financially sustainable future

Please read this article for a fuller view.

Please note these accounts do not in themselves determine whether or not we get another points deduction – they form only part of the consideration.