The third edition of the annual Leonard Curtis Rugby Finance Report delivers an in-depth assessment of the state of English club rugby following the move to a franchise-style model for Prem Rugby and with new investment coming into the game.

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The 2026 edition of the report features a comprehensive overview of the finances of all ten current Prem Rugby clubs, together with analysis of the league’s introduction of a new £5.4m salary floor and an assessment of Red Bull’s takeover of Newcastle.

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Also included is a new Digital Footprint Index for Prem Rugby clubs examining the social media and wider digital presence of each team and how it could boost commercial revenues.

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In addition, the report takes a look at the evolution of Premiership Women’s Rugby (PWR), examines the latest competitive balance trends in both the men’s and women’s game, and includes a focus on sports kit circular ecosystem kitround and its partnership with the London Irish Foundation.

The Leonard Curtis Rugby Finance Report 2026

Leonard Curtis: The rugby connection

This report has been commissioned by Leonard Curtis – a company with 30 years of restructuring and turnaround expertise. A multi-disciplinary professional services group, it has 30 regional offices across the UK and the Channel Islands, and employs over 300 people. The company specialises in restructuring and insolvency, funding and legal services for SMEs, larger corporates and their advisers.

Sitting on the Leonard Curtis board of directors is Alex Cadwallader, a former England U21 rugby union player who played professionally for Bristol, Newport, Newcastle and London Welsh for almost 10 years. Since then, he has made a significant contribution to the growth of Leonard Curtis, especially in the South of England and offshore locations, as a well-respected restructuring adviser.

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Daniel Williams

HR

Manchester

Daniel Williams

HR

Manchester

Daniel Williams

HR

Manchester

The Leonard Curtis

Rugby Finance Report 2025

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