Exeter Made £1.2m Profit Last Season

Exeter have announced they made a profit of £1.2m last season on an income of £16.98m, a 28 per cent increase on the previous year’s turnover. Chairman and chief executive, Tony Rowe told the club’s AGM this week that both rugby income - which was bolstered thanks to the staging of three RWC fixtures and Exeter’s best-ever campaign in top-flight rugby - plus significant yearly growth of Sandy Park Conferencing and Banqueting Centre were the main factors behind the growth. Finance director, Alan Quantick also reported that the financial success of the past 12 months had helped to reduce signifi…