In unveiling their financial results today, Northampton Saints have disclosed a pre-tax loss amounting to £1.1 million.
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This comes as a noteworthy development, considering the team’s unprecedented annual turnover of £21.96 million.
For stakeholders closely tied to the Midlands club, this news may evoke a palpable sense of apprehension, particularly in the aftermath of the recent financial struggles experienced by Worcester Warriors, Wasps, London Irish, and Jersey
“At Saints, our model has always been very clear; we aim to operate within the confines of our own resources – and while we are proud of our efforts so far, we still have a long road ahead of us.
“We are in a good position, have a track record of responsible financial management, and have a clear plan for the future” he insisted.
“However, we need our supporters and partners to continue to stand by our side in the years ahead, and we have to become a cash-generative operation as soon as possible, to ensure we avoid the challenges that other Premiership clubs faced in 2022-23.
“That is difficult in this challenging environment, but we have every confidence in our approach.”
Despite the before-tax loss, White was keen to emphaise the reasons behind the change and the measures that have been put in place: “Thanks to strong commercial performance, as well as agility in staging these additional fixtures, the club increased our turnover to £21.96m in 2022-23, beating our highest-ever turnover of £20.8m, reported the previous year,” said White.
“The accounts show a loss before tax of £1.1m, down from a profit of £0.3m in the previous year – however, after adjusting for one-off items which boosted the 2021-22 figure, our underlying trading loss showed a £0.2m improvement on the previous year.”
Quiz: Can you all of the Guinness Six Nations winning captains?
Securing victory in the Guinness Six Nations is undoubtedly special, but achieving this triumph as a captain is a feat that remains a distant dream for many.
In the storied history of Rugby’s Greatest Championship, exceptional leaders have emerged—warriors of various forms, be they agile half-backs, towering second rows, or fearless flankers.
Our latest quiz invites you to identify those who have captained their nations to Guinness Six Nations glory. It’s worth noting that in certain instances, there may be multiple captains from the same year due to factors such as injuries and rotation.
Surnames only will be accepted.
2027 Rugby World Cup draw (Current rankings)
With the current World Rankings in mind, let’s delve into how the 2027 Rugby World Cup will shape up via Rugby Centre.
POOL A
- South Africa
- Australia
- Portugal
- Spain
POOL B
- France
- Fiji
- Tonga
- Chile
CONTINUES ON PAGE TWO
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