The Chiefs were the only Premiership club in profit before the start of Covid, but even they were forced to sell assets last season to pay for the costs of the lockdowns.
“The last three years have been challenging for all clubs with the lasting commercial impact of the coronavirus pandemic taking its toll,” said Rowe, Exeter’s chief executive and chairman, in an open letter to supporters.
“We have moved forward, despite the burdens that we were forced to accumulate during the difficult period when our stands were empty, and the legacy of that time has been testing.
“I am confident that by the conclusion of the 2023-24 season we will have left these issues in the past and can move forward with the vision that we have long held for this club.
“Our budgetary forecasts for the season should see us operating once again within the black, and that is incredibly significant for the long-term security and growth of rugby both here in Exeter as well as across the wider landscape of the sport.
هذه القصة مأخوذة من طبعة August 27, 2023 من The Rugby Paper.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 27, 2023 من The Rugby Paper.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Leaking 42 points at home is 'unforgivable'
DEFLATED Jamie George declared his side were not up to scratch after they slumped to another dismal defeat at England headquarters.
Ten-try Chiefs show Pirates no mercy
TEN-TRY Exeter inflicted the backlash from six successive defeats in their worst ever start to a Premiership season on a young Pirates side suffering their own problems in the Championship.
South America look to keep on building
AS Sebastián Piñeyrúa's historic six-year term as President of Rugby Sudamérica comes to an end, his replacement shows no signs of slowing down.
Scarratt excited by new pathway
ENGLAND centurion Emily Scarratt is delighted with the new women's BUCS programme which aims to provide a smoother pathway for young aspiring female players.
Baxter: I want to make things better
ROB Baxter will not be walking away from Exeter, the only club still looking for a Premiership victory this season, believing he can get the Chiefs back on track and he cannot bear the thought of anyone else doing the job.
Pearce walks in his father's footsteps
PADDY Pearce is living a dream after emulating his father and great-uncle by playing for the club he supported as a boy, Bristol.
New England group will cause uncertainty
SO JUST when we thought that everything was getting sorted between the RFU, the clubs and players, a number of new agreements and a new group raises its head.
Galthie turns his sights to the future
FRANCE head coach Fabien Galthie offered the clearest hint yet of Les Bleus' future on Wednesday, when he released 19 players back F to their clubs for the ninth and final Top 14 round before the international break.
Gilmore has tightened up our defence - Anderson
CAMERON Anderson has hailed the impact made by defence coach Jason Gilmore, below, since he arrived at The Stoop in the summer.
Ampthill given 11-try lesson in class from Bath
BATH secured a thumping away success in the opening match of their Premiership Rugby Cup campaign against Ampthill at Dillingham Park.