The closure of Twickenham has a “significant impact on revenues”, according to RFU chief executive Bill Sweeney

The Rugby Football Union is braced for losses of up to £50m over the next 18 months as a result of the coronavirus outbreak.

Chief executive Bill Sweeney says the closure of Twickenham during the pandemic will have a “significant impact on revenues”.

The RFU has also provided a relief package of £7m to help struggling community clubs, mainly through loans.

Sweeney and other executives will also be taking a pay cut of more than 25%.

“The RFU had budgeted for a loss-making year within a four-year cycle due to the costs of the 2019 Rugby World Cup campaign and hosting only two home Six Nations games,” Sweeney said in a statement.