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

Squad Update | Fresh injury blow for Simon Zebo while Conor Murray and Mike Haley return to the fold this week

Munster completed back-to-back victories in the URC for the first time this season when they beat Edinburgh last ...
Read More

Young Munster claim Limerick bragging rights as UL Bohs fall in Women’s AIL semi-final | AIL Round Up

It was a mixed weekend for the Limerick sides in the AIL with Young Munster earning the bragging ...
Read More

HIGHLIGHTS | Munster complete epic comeback against Edinburgh to seal consecutive URC victories

It's the first time this season that the province have completed back-to-back wins in the United Rugby Championship. ...
Read More

“We’re gradually putting ourselves in a better position” | Andi Kyriacou and Calvin Nash look ahead to Edinburgh clash on Friday

Munster chalked up their third win of the 2022/23 URC campaign last weekend in their Interpro derby with ...
Read More

TEAM | Rowntree makes five changes for team to face Edinburgh in URC

There are five personnel changes and one positional switch to the side that secured a bonus-point win against ...
Read More

Young Munster drawn against Cork Constitution in BOI Munster Senior Challenge Cup semi-final

Both of the semi-finals will take place in less than three weeks time on Saturday 17th of December ...
Read More

Squad Update | Mike Haley ruled out for Edinburgh with Jack Crowley awaiting a lower leg scan

Munster will look to get back to winning ways this weekend after beating Connacht in Thomond Park last ...
Read More

Division 1A joy for Young Munster and Shannon in Energia AIL | Round-Up

There were wins for three of the six Limerick outfits in their respective AIL divisions this weekend. Young ...
Read More