Rowe's delight at uptake in Bond scheme

By Mark Stevens
17/12/20

Exeter Rugby Club chairman and chief executive, Tony Rowe OBE, has expressed his delight at the results of the latest bond scheme released by the reigning English and European champions.

Launched in September, the Exeter Chiefs 2027 Bond has helped to raise over £10.5m - and will be used to further enhance all facets of the business over the coming years.

Under the stewardship of Mr Rowe, Exeter Rugby Club have until the outbreak of Covid-19 around the world, become the Gallagher Premiership’s only profitable - and have made huge strides in developing the success of the Chiefs, both on and off the field.

The Exeter Chiefs 2027 Bond comes on the back of the club producing a similar scheme back in 2020.

“To see the figures raised with the launch of this latest bond scheme is hugely encouraging,” said Mr Rowe. “To raise over £10m in the current climate, demonstrated the confidence people having in our business and its success moving forward.

“As we all know, this past year has been incredibly challenging for all of us, but we believe the club remains in a very strong position moving forward and that these funds will be used to enhance the business further.

“For me, the figures raised underline the fantastic support we generate from our fan base and the local community as a whole.”

Included in the future plans for Sandy Park are the extension of the East Terrace, which helped raise capacity for match-days, as well as work on both the interior and exterior of the complex.