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RFU brings in tougher financial regulations
By Luke Tuchscherer
The Rugby Football Union (RFU) has brought in new regulations to ensure tighter controls over clubs' financial management.
RFU Championship Clubs will have to provide the organisation with a financial statement before 1 November to be scrutinised and, additionally, the sanctions imposed on clubs for going into insolvency have been toughened up.
If a club enters administration or liquidation during the regular season, they will be deducted 20 league points, entered into the relegation pool and have a 10-point deduction applied to them when they're in the pool.
If a club in the promotion pool goes into administration in the play-offs or semi-final/final stage, they will be docked 20 points in the current season and 10 points in the following season. A club in the relegation pool that becomes insolvent during the play-offs or semi-final/final stage will have 10 points deducted and if the club is not relegated, 10 points will be deducted in the next season.
The Rugby Football Union (RFU) has brought in new regulations to ensure tighter controls over clubs' financial management.
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