No, I haven't missed off any zeros. Despite sell-out crowds on pretty much every day, including a world record attendance for the final, the tournament just about broke even. In fact, given that the income included a grant of £50,000 from the RFUW, technically the game in England ended financially poorer by £49,953.
But all those ticket sales, you may say, where did that money go? Well, the total income from all commercial activities connected with the tournament was just shy of £290,000 - most of which was ticket sales. But this was only about a quarter of the total cost of the event (the gap being made up from grants from the RFUW, IRB, and UK Sport).
Where did the money go? Well...
- £700k (pretty much the entire IRB contribution) went on team costs - that is getting the teams to England, housing and feeding them, and moving them around;
- £250k went on grounds;
- £85,000 went on match officials;
- "Tournament management" (whatever that includes) cost £77,000;
- Printing, marketing,VIP entertainment and sundry admin costs were £70k, and
- A mysterious "closing ceremony" (anyone remember that? I can't) cost nearly £11,000
The IRB pay about three-quarters of that (mainly from profits from the men's World Cup), but that will still leave whoever wins the bid for 2014 with a bill somewhere between £250,000 and £750,000. Could Samoa afford that? Or the USA?
Okay, you cannot measure everything by profit and loss accounts - the benefit to the game of having the best players in the world in the country for the better part of a month can be immense, if handled well and if the local media buy in. But someone still has to pay the bills...
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