14 Nov 2012

RFU suffers financial loss

9:08 am on 14 November 2012

England's Rugby Football Union has reported a loss of 12 million dollars in the last financial year as a result of fewer games being played at Twickenham.

The RFU expects to lose money in a World Cup year, because there are no autumn internationals and only two home games in the Six Nations.

The governing body of English rugby sets aside money for three years to cover expected losses in the fourth.

England will be hosting the Rugby World Cup in 2015.

The RFU has recently announced plans for a 147 million dollar upgrade to Twickenham Stadium ahead of the World Cup.