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Rugby Football Union braces for lost revenue of up to 50M pounds due to coronavirus outbreak

Rugby Football Union braces for lost revenue of up to 50M pounds due to coronavirus outbreak
[Photo:BBC]

The Rugby Football Union is braced for lost revenue of up to 50 million pounds over the next 18 months as a result of the coronavirus outbreak.

Chief executive Bill Sweeney says the closure of Twickenham during the pandemic will have a "significant impact on revenues".

The RFU has also provided a relief package of 7 million pounds to help struggling community clubs, mainly through loans.

Sweeney and other executives will also be taking a pay cut of more than 25%.

[Source: BBC]

Source: World Health Organization

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