Bristol Bears reveal multi-million pound pre-tax loss as CEO sets ‘three year’ plan
Bristol Bears have released their annual report and accounts for 2024/25, showing a pre-tax loss of £5.6m, despite reporting a turnover of £11.1m.
However, their turnover has increased by £0.6m compared to the previous year, due to improved matchday and merchandise sales as well as ticket income gained from the ‘Big Day Out’ fixture played at the Principality Stadium in Cardiff.
The club have claimed that the loss was due to heavy investment in the team, as they look to secure the club’s “long-term development”.
The owners still reportedly back Bristol Rugby Club Limited, as the club looks to increase revenue and cut costs to become financially stable over the next three years.
“We have a clear strategy”
A statement issued on the club’s website reads: “Bristol Rugby Club Limited has today published its annual report and consolidated financial statements for the year ended 30 June 2025, reflecting a year of continued on-field progress alongside sustained investment in the club’s long-term development.
“The consolidated results report turnover of £11.1m and a pre-tax loss of £5.6m.
“On an underlying basis, excluding the accounting treatment of RFU Academy funding, turnover increased to £12.5m, representing growth of £0.6m compared to the prior year. This was driven by strong performances in matchday income and retail, with the ‘Big Day Out’ fixture at the Principality Stadium a standout occasion played in front of a crowd of more than 51,000.
“The club’s cost base reflects continued investment in high-performance rugby, aligned with its long-term ambition to compete consistently at the top level while delivering sustainable growth and positive community impact.”
Bristol Bears CEO, Tom Tainton, said: “As always, we express our gratitude to the Lansdown family for their continued direction and support as owners.
“We continue to earmark opportunities to grow revenue and reduce our costs as we strive for financial sustainability. We have a clear strategy to deliver on these objectives over the next three years.”
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