WRU announces record turnover in financial results

The WRU announced record turnover for the latest financial year. FRANCK FIFE/AFP/Getty Images

The Welsh Rugby Union (WRU) has announced its financial results for the year, which include record turnover of £74.9 million.

The extra income has enabled the WRU to increase spending levels by a further 11 percent for a second consecutive year.

Total investment in the sport has risen to £33.1m -- an increase of £3.5m -- with greater expenditure in both community and professional rugby. One well-publicised cost was the acquisition of the Dragons region at £5.5m.

Martyn Phillips, Chief Executive of the WRU, said: "We are delighted once again to have been able to increase our overall investment into rugby both at professional and community level."

He added: "We will continue to work hard with our regions to increase attendances and engage with all clubs and supporters in their catchment communities. This is a fundamental part of creating a sustainable environment for rugby in Wales."

Also announced was a four-year partnership with Isuzu as shirt sponsor, on both the men's and women's national team shirts, alongside a new four-year sponsorship deal for the Sevens and age-grade sides with Admiral.