The report revealed that seven out of ten English Premiership clubs are balance sheet insolvent, which indicates a dire warning for the future of the sport.
It highlighted that total combined debts reached £311 million, underlining the fragility of financial support from a few elderly backers which cannot sustainably support the clubs.
Experts convened to discuss the findings urged a radical restructuring of finances, stressing that the rugby world needs to confront its financial realities without delay.
The event also emphasized the disconnect between rugby's aspirational image and its troubling financial situation, suggesting a pressing need for transparency and reform.
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