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Bath become latest Premiership club to report a massive financial loss for 2019/20

(Photo by PA)

Last season’s Gallagher Premiership semi-finalists Bath have reported a £2.7million loss after the financial impact of the pandemic saw a 16 per cent year-on-year reduction in turnover to £16.8 million in the 2019/20 accounting year ending June 30.

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A Friday afternoon statement from the Premiership club ahead of the Challenge Cup quarter-final at home to London Irish read: “The increase in EBITDA loss directly results from the impact on Premiership Rugby distributions to Bath, the delay in completing the season, and the loss of match income from March 2020 when supporters were prohibited from attending games.

“Losses were partially offset by a review and restructuring of the club and strategic cost savings in the summer of 2020, in addition to utilising available government support. To meet the extraordinary cash flow needs, the sole shareholder increased their financing of the club by £5m in the financial year, which is substantially greater than previous annual funding.

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Northampton and Wales out-half Dan Biggar guests on RugbyPass All Access

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Northampton and Wales out-half Dan Biggar guests on RugbyPass All Access

“Furthermore, the club is still in the unique position of incurring annual operating costs in the region of c.£1m to erect a temporary stadium and ancillary facilities at the Rec each season.

“The pandemic dominated the financial and rugby year across all levels of the game. In March 2020, rugby rightly stopped for the first time in history as the focus turned to everyone’s welfare in the community and resources were redirected to public services working to cope with those directly affected by the coronavirus.

“The financial impact on all clubs in the league was significant and immediate. All players and staff supported the club by agreeing to a 25 per cent reduction of salary, effective from April 1, 2020. The reduction did not apply to lower-earning staff members and players, or those facing financial difficulty. Tiered wage reductions have continued through 2020/21.

“Rugby did not return until August 2020, meaning the 2019/20 Premiership season completed in October 2020 without crowds, following the financial year-end. Furthermore, the pandemic has now created an unprecedented 12+ month period of absence of supporters from games.”

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H
Hellhound 33 minutes ago
Forget Ireland, the All Blacks face the real alpha of Europe next

I'm no fan of Du Point, but I am not blind. I will go as far as agree to disagree. Without him the French wouldn't nearly have been so good. He has made game saving tackles, he has steered the French to victory in most of his games. He creates try assists that should not have been.


His kicking is very accurate, and if he was a Bok, he would be in the team. Roigard is very good, but he is no Du Point. He is a generational talent. You dislike him BECAUSE everyone is so hyped about him, NOT because he is a very good player.


It's the same with me. It irritates me, but I am not blind. ANYONE saying he isn't good, is definitely lying to themselves. Do yourself a favour. Go and look at highlights about him on YouTube or somewhere. Really have a look. Without prejudice.


He isn't as lucky as other players to have the kind of players like SA and NZ have, although currently the French forwards is the biggest on the planet. To my shame I must admit that every game I see him play, I hope someone injures him which is very very wrong. It's just that he is THAT GOOD. There is no other players that I ever wished for that, because they are just not in his class.


No, stop lying to yourself. Go look at his stats. He is responsible for at least 60%-70% of the French score every game. Creating tries, scoring himself or assist, pin point kicking, creating gaps, tackles like a machine, slippery as hell and always tries to dominate a ref which is starting to count against him, but don't be fooled. I haven't even mentioned half of what he does. He inspires that team in a way other players can never do.


There is no other scrumhalf in the world like him, and there will never be again. I hate the French and I hate Du Point, but there is no denying his talent. If he played for your team, you would have raved and absolutely loved him. That is not to say Roigard isn't good. He is very good too.

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