Gloucester Rugby recorded an increase in losses from £516,355 to £2.91m for the year to June 2025.

In documents filed to Companies House on 30 June, the Prem club also saw turnover fall from £14.9m to £13.4m across the same period and gross profit drop from £3.51m to £2.50m.

The Cherry and Whites finished fifth in the league during the 2024-25 season, just outside the play-off places, their highest placing in the table for six years.

The report highlighted that the club was reliant on securing “additional funding” to support its ongoing operations and meet its obligations.

“The directors acknowledge that there are inherent uncertainties in forecasting future financial performance, particularly in the form of the competitive nature of Premiership rugby and variability in team performance, matchday revenue, sponsorship deals, broadcasting rights and economic conditions affecting sponsorship and attendance,” the report said.

“These conditions indicate the existence of a material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern.”

However the directors continued that they believed when considering these mitigating factors there was a “reasonable expectation” the company would continue in operation for the forseeable future.

Gloucester owner Martin St Quinton has had a financial stake in the club since 2008 and took over as majority owner in 2016.

Speaking to BBC Radio Gloucestershire in May he said there was “more appetite” to invest in Prem rugby now that promotion and relegation to and from the league had been put on hold and that the club was in discussions with potential new investors.

However St Quinton added that he had put additional funds into the club to subsidise their financial shortfall.

“It’s very difficult to be competitive in the league and break even,” he said.

“That’s what we try and do but most years we have to subsidise it.”

Since the 2024-25 season, Gloucester have swapped one of their home Prem games at Kingsholm to play at Villa Park in Birmingham in a bid to generate more income.

This spring the club also launched a scheme for fans to buy a piece of equity in the club.

The aim was to generate £300,000 and St Quinton said that target had been surpassed with more than £400,000 generated through 174 individual investors.

Gloucester finished the 2025-26 Prem season eighth in the table, winning five of their 18 league games.