London Irish RFC converts investment to €291k profit

Irish-owned club led by businessman Mick Crossan saw profits rise 50 per cent

London Irish RFC, the Irish-owned London-based rugby club led by businessman Mick Crossan, saw its profits rise 50 per cent to €291,586 last year, latest accounts show.

The London Irish Consortium, the investment holding company behind the rugby club, posted £248,723 in profits for the year ended June 30, 2016.

In 2013, the club was bought by a London-based consortium of Irish businessmen led by Crossan, the executive chairman of the club’s primary ...