13:15, 01 Jul 2026<\/p>\n
![\"Gloucester](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/07\/0_Gloucester-Rugby-v-Leicester-Tigers-Gallagher-PREM-Villa-Park.jpg\")
<\/p>\n
Gloucester Rugby’s players in a huddle on the pitch after the Gallagher PREM match at Villa Park, Birmingham. Picture date: Saturday March 28, 2026. PA Photo. Photo credit should read: Bradley Collyer\/PA Wire.
\n(Image: PA)<\/p>\n
Gloucester Rugby’s accounts warn they face a “material uncertainty” after the Prem Rugby club saw losses spiral by more than 450 per cent last year.<\/p>\n
The Gloucester Rugby Limited accounts, filed this week with Companies House, posted a loss of \u00a32.9m for last season, up from \u00a3500,000 the year prior \u2013 an increase of 464 per cent.<\/p>\n
Turnover and gross profit fell despite the team finishing fifth in the table, one place shy of the play-off places, during the 2024-25 season.<\/p>\n
But the documents raise serious concerns over the future funding of the club, despite stating that majority owner Martin St Quinton has pledged necessary backing until at least 2027<\/p>\n
“The forecasts indicate that the company will require additional funding to meet its obligations,” the accounts read. “The company’s ability to continue as a going concern is dependent upon… securing additional external funding and\/or financial support from the company’s shareholders; [and the] renewal of bank overdraft facilities.”<\/p>\n
“The existence of the conditions set out above represents a material uncertainty that may cause significant doubt on the company’s ability to continue as a going concern,” the accounts continue.<\/p>\n
“However, after considering the mitigating actions described above, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.”<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/04\/0_JS130771282.jpg\")
Sign up for our South West Rugby newsletter<\/p>\n
Want to make sure you are on top of all the rugby news in the South West? Then our new newsletter is the perfect place to do so<\/p>\n
All the latest news, views, interviews, reports, and analysis concerning Bristol Bears, Bath Rugby, Exeter Chiefs and Gloucester Rugby are delivered straight to your inbox.<\/p>\n
It’s completely free and you can sign up HERE<\/a><\/p>\n Prem Rugby has seen Wasps, London Irish and Worcester Warriors all go bust in recent years, although its move towards a franchise model has attracted fresh capital.<\/p>\n The club states that is is engaging in active discussions with lenders and investors but the team this year finished in a lowly eighth place, a less attractive position for the kinds of investment seen at the likes of Bath \u2013 through Hoover magnate Sir James Dyson \u2013 and Exeter Chiefs \u2013 with Bill Foely’s Black Knight \u2013 at the other end of the table.<\/p>\n During the season the club saw an investment from City hedge fund portfolio manager, former Goldman Sachs banking associate Jack Ingles. His 10 per cent stake came a year before the club asked fans to invest in the club through a raise that collected \u00a3400,000.<\/p>\n The club’s highest paid director saw a \u00a335,000 wage boost, to \u00a3185,000, while the club’s headcount fell from 286 to 250.<\/p>\n City AM approached Gloucester Rugby for comment.<\/p>\n Join GloucestershireLive’s Whatsapp community for all the biggest Gloucester Rugby stories sent straight to your phone<\/strong><\/p>\n GloucestershireLive<\/a> is now on WhatsApp<\/a> and we want you to join our community.<\/p>\n Through the app, we\u2019ll send the Gloucester Rugby by news, live match coverage, team news, transfers, fixtures, analysis and more straight to your phone.<\/p>\n To join our community you need to already have WhatsApp. All you need to do is click this link and select \u2018Join Community\u2019.<\/a><\/p>\n No one will be able to see who is signed up and no one can send messages except the GloucestershireLive <\/a>team.<\/p>\n We also treat community members to special offers, promotions and adverts from us and our partners. If you don\u2019t like our community, you can check out at any time you like. If you\u2019re curious, you can read our Privacy Notice.<\/a><\/p>\n![\"\"](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/03\/1_GettyImages-2257842549.jpg\")
Gloucester Rugby on Whatsapp<\/p>\n