RFU accounts reveal £30.9m loss and 54 redundancies

• Income fell by £12.5m in 12 month-period up to 30 June 2018• Chief executive insists he is leaving post for ‘own reasons’The Rugby Football Union has predicted “growing uncertainty” and “challenging times” after its annual accounts revealed a £30.9m loss and the forced redundancy of 54 staff members.The RFU released its financial statement for the year ending 30 June 2018 on Monday, a 12 month-period that saw England’s form decline on the pitch and income fall by £12.5m. The current account deficit, however, was offset by a restructuring of the RFU’s Twickenham hospitality business joint ven…

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