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Pandemic sees even champs Exeter suffer loss

By SAMUEL JACKSON

PREMIERSHIP and European champions Exeter Chiefs have recorded a pretax loss of £2.26m after being “significantly impacted” by the Covid-19 pandemic.
The club’s financial results for the year to June 2020 compared to a £24.75m profit in the previous year.
Turnover fell by £4.73m due mainly to the pandemic, which saw the club not play any games after March.
The figures do not cover earnings from winning the Premiership or Champions Cup, which happened after June 30.
Exeter’s 2019 profit was helped by £14.1m from their share of CVC Capital Partner’s £200m acquisition of a st...

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