Munster Rugby’s coffers benefit from much improved season on the pitch

Munster’s on field progression this season has boosted their financial takings of the year.

This season has shown real progress for Munster with the team reaching the semi-final in the Champions Cup and the Final in the Guinness Pro1.Because of their improved on field fortunes this season, it has resulted in the province predicting a cash flow of €310,000 for the year to the end of June.

It was only 12 months ago when Munster showed a cash flow deficit of €1.93 million in their end of year financial figures.

Munster Rugby Head of Finance and Operations, Philip Quinn, discussed Munster’s financial update in the recent AGM and discussed the main details behind the expected improvement year-on-year with gate income increasing by €2.05 million on the 2015/16 season.

Home games in both the Champions Cup and Guinness PRO12 and the Maori All Blacks game and brought in most most of the gate income increase. Even regular season income also improved as their were seven sell outs across Limerick and Cork.

Munster enjoyed a total of nine capacity crowds in 2016/17, a new record for the province.

Tickets sales for Thomond Park and Irish Independent Park rose by 52% to 305,000. Attendances increased from 124,000 to 243,000, with the attendance rate climbing from 62% to 80% of tickets sold and Munster allocated just shy of 5,000 reduced priced Junior tickets to every Thomond Park game in 2016/17.

The AGM heard that professional team costs continue to rise, this is due to the player wage increases and injury cover during the season.

Quinn also said that improved kit and retail partnerships with sponsors adidas and Life Style Sports, and Munster Rugby Commercial Board initiatives including the Patrons Programme as substantial financial drivers in the 2016/17 season.

As well as this Charlie Buckley, of UCC RFC, was elected President of the Munster Branch for the up coming season.

Lets hope that Munster can keep this progress going next season and go one better in both domestic and European competitions.

Social Sharing

Posted in

Tickets for Munster’s first five URC games now available

Tickets are now on sale for Munster’s opening five games of the 2022/23 United Rugby Championship season. Munster's ...
Read More

Munster feature in five of the ten most watched games & more stats from the inaugural URC season

Over 34 million fans tuned into the inaugural URC season as the league set a number of major ...
Read More

Squad Update | Irish Internationals return to HPC with Pre-Season opener looming

Munster's preseason opener with Gloucester is less than a fortnight away. Munster’s Ireland internationals have all commenced their ...
Read More

“It’s something I always had in the back of my mind” | Mike Prendergast on returning home as Munster coach

The Limerick man returned to the province this summer from Top 14 side Racing 92, where he held ...
Read More

Limerick clubs learn opponents for Bank Of Ireland Munster Senior Challenge Cup

The draw has been made for the 2022/23 Bank of Ireland Munster Senior Challenge Cup with 16 teams ...
Read More

“There’s a lot of trust between all of us already” | New Munster forwards coach Andi Kyriacou settling in well to new role

Kyriacou represented Munster in the 2006/07 season on loan from Saracens. Newly-appointed Munster forwards coach Andi Kyriacou has ...
Read More

“Very enjoyable so far” | Denis Leamy enjoying return to Munster as Defence Coach

Leamy will return to the province, whom he represented for eleven years, as a coach this season. Shortly ...
Read More

Munster to kick off URC season with Friday night clash in Cardiff as fixtures confirmed

Full fixture details have been confirmed for all 18 of Munster’s 2022/23 United Rugby Championship fixtures. The campaign ...
Read More