Heineken Cup firm wound up

The wind-up costs of the Dublin based company that oversaw the runaway success of the Heineken Cup are to total over €3.83m.

That is according to the directors of The European Rugby Cup Ltd (ERCL) after the firm last year lost the rights to operate the Heineken Cup and the European Challenge Cup after a power struggle with English and French clubs.

The new accounts for ERCL for 2013 show the Heineken Cup continued to provide a bonanza for European rugby in 2013 with €44.35m donated to participating clubs and unions.