Results 1 to 4 of 4

Thread: French clubs face 34M Euro deficit

  1. #1
    Veteran beige's Avatar
    Join Date
    Jan 2008
    Location
    Perth
    Posts
    4,515
    vCash
    5000000

    French clubs face 34M Euro deficit

    The arms race in French club rugby continues to produce staggering numbers, with just two Top 14 clubs recording a profit last season.

    A report released this week by the Direction nationale de contrôle de gestion (DNCG) - French rugby's financial watchdog - outlined the massive amounts of money being spent across the country's two professional leagues, the Top 14 and the Pro D2.

    The report, which covers the spending of the top 30 clubs in France during the 2013/14 season, puts the average Top 14 club budget at €21.2m, with €7.4m of that going to player wages, which represents a €1m rise on the 2012/13 campaign.

    The highest Top 14 club budget was close to €35m for the season.

    However, the most alarming number to come out of the report is the collective budgetary deficit of €33,891,000 across the two divisions for last season, showing an increase from around €32.5m in 2012/13.

    Three clubs - not named in the report but believed to be Racing Metro, Stade Français and Castres - are responsible for more than half that figure.

    Only two Top 14 clubs, defending champions Toulon and Brive, managed to finish the season in the black.

    The deficit is the highest since the creation of the Ligue Nationale de Rugby (LNR) in 1998, prompting the DNACG to comment that it “confirms the loss-making management of professional rugby as a whole.”

    The deficit is expected to drop to around €19m for the 2014/15 season thanks to the new €70 million-per-season TV rights deal signed with Canal .

    http://www.planetrugby.com/story/0,2..._43282,00.html

    0 Not allowed! Not allowed!

  2. #2
    Veteran Sheikh's Avatar
    Join Date
    Feb 2009
    Location
    Perth
    Posts
    4,905
    vCash
    28908136
    I wonder how much of Toulon's profit is down to winning the Heineken Cup last year? The prize money is ~500k Euros, but there's also the gate recipts and TV revenue. If they failed to proceed, or even to qualify, I think they'd very quickly go into the red.

    0 Not allowed! Not allowed!
    Don't tell me the sky's the limit when there are footprints on the moon

  3. #3
    Legend Court Reporter
    Contributor
    James's Avatar
    Join Date
    Aug 2006
    Location
    Bridgetown, WA
    Posts
    6,110
    vCash
    22000
    I wonder if in the black includes Mourad's input or not.

    1 Not allowed! Not allowed!
    Smoke me a kipper, I'll be back for breakfast.

  4. #4
    Immortal Contributor The InnFORCEr's Avatar
    Join Date
    Feb 2006
    Location
    West Leederville
    Posts
    16,903
    vCash
    3128000
    Quote Originally Posted by James View Post
    I wonder if in the black includes Mourad's input or not.
    It would be comical if it did

    1 Not allowed! Not allowed!
    80 Minutes, 15 Positions, No Protection, Wanna Ruck?

    Ruck Me, Maul Me, Make Me Scrum!

    Education is Important, but Rugby is Importanter!

Similar Threads

  1. Anglo-French clubs leave Heineken Cup
    By beige in forum International Rugby
    Replies: 34
    Last Post: 27-09-13, 08:29
  2. French Rugby Clubs Cross Into Spain for Heineken Cup
    By beige in forum International Rugby
    Replies: 0
    Last Post: 09-04-11, 13:43
  3. French rugby union clubs to place limit foreign players
    By travelling_gerry in forum International Rugby
    Replies: 27
    Last Post: 10-04-09, 10:37
  4. US Eagles face stiff Euro challenge
    By AndyS in forum International Rugby
    Replies: 14
    Last Post: 20-03-09, 03:13
  5. French clubs plan European Cup boycott
    By Burgs in forum International Rugby
    Replies: 2
    Last Post: 18-01-07, 14:22

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •