It used to be the case that companies had to declare within their published Accounts how much they had disbursed in charitable donations but that legal requirement ceased 5 years ago. Mr Mustard has though gone back through the Accounts of Saracens Ltd, the company which the rugby team income goes through, and found the following amounts.
Years to June
 |
| The trend was downhill |
In 2014 the charitable contributions were 0.08% of turnover. That doesn't seem like much.
For money going the other way the Accounts of the Saracens Sports Foundation for 2017 reveal this information.
Mr Mustard wonders if councillors knew any of this when they voted in favour of the funding for the West Stand & to answer his own question he doubts they really got into the details, just saw the word 'charity' & assumed that the rugby club were giving bundles of money to the charity arm, when that doesn't appear to be the case.
Yours frugally
Mr Mustard
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