IRFU set to report 'significant deficit' in annual accounts for 2023/24

Garryowen’s Declan Madden was elected as the 135th IRFU President - he takes over the position from Cork Constitution clubman Greg Barrett.

NEW ROLE: Outgoing IRFU President Greg Barrett with incoming IRFU President Declan Madden. Picture: ©INPHO/Dan Sheridan

The IRFU acknowledged at their Annual Council meeting in the Aviva Stadium yesterday that the union are set to report a ‘significant deficit’ in their annual accounts later this year.

While their financial statements for 2023/24 won’t be published until November, the IRFU’s Chief Executive Kevin Potts explained in an annual report that was issued at the meeting on Thursday how (as expected) the presence of the Ireland men’s national team at last year’s Rugby World Cup in France - and the absence of home Autumn Nations Series games - has impacted the union from a financial perspective.