{"id":360443,"date":"2026-01-09T07:03:17","date_gmt":"2026-01-09T07:03:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/360443\/"},"modified":"2026-01-09T07:03:17","modified_gmt":"2026-01-09T07:03:17","slug":"exeter-chiefs-post-10m-loss-as-they-seek-fresh-investment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/360443\/","title":{"rendered":"Exeter Chiefs post \u00a310m loss as they seek fresh investment"},"content":{"rendered":"<p>\t\t\tWednesday 07 January 2026 11:50 am\n\t\t\t<\/p>\n<p>\t\t\tShare<\/p>\n<p>\t\t\t\t\t\tFacebook\t\t\t\t\t\tShare on Facebook\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\tX\t\t\t\t\t\tShare on Twitter\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\tLinkedIn\t\t\t\t\t\tShare on LinkedIn\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\tWhatsApp\t\t\t\t\t\tShare on WhatsApp\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\tEmail\t\t\t\t\t\tShare on Email\t\t\t\t\t<\/p>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/01\/GettyImages-2253810358-e1767786447202.jpg\" class=\"media \" alt=\"Getty Images logo on a modern office building exterior, representing global media and visual content services industry\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"  \/>\t\tPrem Rugby club Exeter Chiefs have posted a loss of \u00a310.3m \t<\/p>\n<p>Prem Rugby club Exeter Chiefs have posted a loss of \u00a310.3m in their most recent accounts, just weeks after chairman Tony Rowe reiterated plans to sell a stake in the club.<\/p>\n<p>The Devonian team, seen as one of English rugby\u2019s great promotion stories, saw their ownership company <a href=\"https:\/\/find-and-update.company-information.service.gov.uk\/company\/03311324\/filing-history\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Exeter Rugby Group PLC<\/a> record losses of \u00a310.3m for the year ending 30 June 2025, up from around \u00a3850,000 the year prior.<\/p>\n<p>In documents posted to Companies House on Wednesday, the club revealed their loss of more than \u00a310m came despite turnover of \u00a320.1m \u2013 down on \u00a321.6m in 2024. The increase in losses amounts to a rise of over 1,000 per cent.<\/p>\n<p>\u201cThe financial statements for the year ended 30 June 2025 also include an exceptional expense of \u00a36,151,131 relating to the impairment of loans due from an associate,\u201d the accounts read, noting a \u00a32m loss before tax excluding the writing off of a loan from Rowe.<\/p>\n<p>Exeter Chiefs parent makes \u00a310m loss<\/p>\n<p>\u201cThe directors have reviewed the recoverability of these balances and consider that the amount is unlikely to be recovered and therefore an impairment has been recognised in the year.\u201d<\/p>\n<p>The comprehensive results \u2013 which include confirmation of a loan from Sport England in the form of a Covid-19 relief sum, \u00a36.8m of which is outstanding \u2013 follow Rowe, chairman of the member-owned <a href=\"https:\/\/www.cityam.com\/prem-to-champ-to-sevens-four-rugby-business-stories-to-follow-in-2026\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Prem Rugby team<\/a>, instructing sports advisory firm Oakwell to sound out potential investors.<\/p>\n<p>It comes after fellow Prem Rugby clubs Sale Sharks and Harlequins announced losses of \u00a38m and \u00a33.3m respectively last month for the same accounting period.<\/p>\n<p><a href=\"https:\/\/www.cityam.com\/cornish-pirates-we-will-kick-door-down-to-reach-franchised-prem-rugby\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Fresh investment could<\/a> lead to the departure of the straight-talking Exeter Chiefs chair Rowe, who told the Telegraph: \u201cI\u2019ve put as much money in as I can. I bought the hotel off the club, but we are at the stage now where, financially, I\u2019m not going to put any more money in.\u201d<\/p>\n<p>Gross profit for Exeter Rugby Group PLC shrank from \u00a32.8m in the year ending 30 June 2024 to just \u00a3500,900 last year, while income at the team\u2019s stadium Sandy Park remained level at \u00a32.5m.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/which-gallagher-prem-rugby-stadium-is-the-best\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Which Gallagher Prem Rugby stadium is the best?<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n<p>\t\t\tRelated Topics\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Wednesday 07 January 2026 11:50 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on&hellip;\n","protected":false},"author":2,"featured_media":360444,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[84,79263,138259,138260,50,129713,5903,23451,217,46654,101,56,54,55],"class_list":["post-360443","post","type-post","status-publish","format-standard","has-post-thumbnail","category-rugby","tag-business","tag-exeter-chiefs","tag-exeter-rugby-group-plc","tag-gallagher-prem","tag-news","tag-prem-rugby","tag-rugby","tag-rugby-union","tag-sport","tag-sport-business","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/360443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=360443"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/360443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/360444"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=360443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=360443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=360443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}