RFL posts profit
The RFL posted a pre-tax profit of £201,000 in 2015, according to its annual report.
At the RFL Annual General Meeting held at Huddersfield’s John Smith’s Stadium, on Friday, CEO Nigel Wood reflected on a great 2015.
“Financially, 2015 was a very strong year with the highest Turnover recorded in non-World Cup years since 2011 and investment around the sport at the highest ever level,” he said.
The Annual Report revealed that the RFL posted a pre-tax profit for the fourteenth year in succession, which in 2015 was £201,000.
Year-on-year turnover increased by 33%, mainly due to increased broadcast and match income.
Match income increased by 62% as a result of hosting the New Zealand international series in the autumn of 2015. Sponsorship income grew by 64% due to an increase in the number and value of partnerships.
The funds distributed around the sport were at the highest ever levels, which has provided a level of financial stability around the professional game not seen for some time.
Air Commodore Dean Andrew OBE RAF was appointed President of the RFL after Paul Morgan stepped down.
Born in Hull, Dean is an avid Hull FC fan and has been involved in Armed Forces RL since its acceptance as a sport in the Services.
He is the current President of Royal Air Force Rugby League and Chief Executive Officer of Great Britain Armed Forces Rugby League.
Mr Peter Hornby has been elected Vice President. Born in Dalton, Cumbria he played rugby for both Dalton and Roose and is a past chairman of Ulverston RL.
He joined the board of Barrow Raiders in 2000 and was chairman between 2002 and 2005. He is currently chairman of the Barrow and District League.
Following the retirement of Bob Stott in 2015, Chris Brindley has joined the RFL board as a non-Executive Director of the RFL.
Brindley is highly experienced in both business and sport and is also in demand as an Executive Coach and Mentor for Business Leaders throughout the UK.
He is a keynote speaker on topics, which include, Customer Experience, Leadership, Teamwork, Change Management and Performance Management.
The full 2015 RFL Annual Report can be viewed here.