Ospreys: Y11 owners say they will sign PRA immediately as they announce annual losses of £1.8m

Ospreys revealed they made a loss of £1.8m in their latest accounting period to June 2025, down from £2.18m in the previous 12 months.

Their turnover in the region fell by £600,000 to £9.18m, their wage bill fell from £6.75m to £6.4m.

The Ospreys received £5.4m in funding from the Welsh Rugby Union (WRU) with financial support from the owners of Y11 Sports and Media.

Signing off the accounts, director Nicolas Angio-Mourneau said they were confident Y11 would continue to provide financial support under the terms of the agreement included in the legally binding funding obligations under the Deed of Undertaking and Professional Rugby Agreement 2023 (PRA23) framework.

He added: “Presently PRA23 will expire on 30 June 2027 and the company would like to quickly sign PRA25 which will run until 30 June 2028.”