WRU Increases Investment After Tumultuous 2014

The WRU has ended the most tumultuous year in its history by announcing an increase in its level of investment to £22.5 million, despite a disappointing four per cent drop in turnover. The governing body turned over £58.5m in the year ending 30 June 2014 (compared to £61m the previous year) with the key figure of earnings before interest, taxes, depreciation and amortization (EBITDA) down from £29m to £27.3m but profit did remain broadly similar at £2.38m. And, as well as the two per cent rise in overall investment in 2013/14, it has managed to reduce its bank debt by £4.5m to £15m and has ben…