First posted on PATREON and SUBSTACK
By JOHN DAVIDSON
SUPER League generated a record £17.3 million in turnover in 2025 while slashing its outstanding loans by more than 85%, according to its latest financial accounts.
The accounts of Super League (Europe) Limited can be viewed on Companies House.
They show that last year the company behind Super League recorded turnover of £17.274 million, an increase of almost £1. 2million on the £16.075 million recorded in 2024.
Super League posted an operating loss of £23,310, after administrative expenses climbed to £17.297 million, and it reported no profit before tax, with interest received offsetting the operating loss.
Super League Europe relies on income generated through RL Commercial, the joint venture between Super League and the Rugby Football League (RFL). Super League owns 50% of RL Commercial, with the RFL holding the remaining 50%.
Crucially, Super League Europe does not operate like a conventional profit-making company.
All £17.274 million of Super League Europe’s turnover in 2025 came from associated companies. Last year it was owed £1.730 million by its joint ventures, up from £1.622m in 2024.
Loans fell from £491,615 to just £71,309 during the year, while Super League Europe made £420,306 of loan repayments during 2025.
The report states: “Revenue from the joint venture with the RFL is the major income stream for Super League and, as noted above, 2023 was RL Commercial’s first year of trading.
“Revenues have been satisfactory in the year and the Directors and member Clubs are hopeful for growth in these revenues in future years and RL Commercial’s partnership with IMG develops.
“This will provide stability both for SLE and the member clubs. The Board is mindful that SLE’s diversification of revenue streams is narrow.
“The landscape remains challenging for RL Commercial, and the Board is aware that commercial partnerships always present a degree of risk.
“The Directors continue to use their influence on the performance of RL Commercial as SLE’s representatives on the RL Commercial Board.”
