Scottish Rugby has reported a significant loss of £11.3 million for the financial year ending June 30, 2024, despite achieving a record revenue of £73.9 million, largely bolstered by three sold-out Taylor Swift concerts at Murrayfield. This loss is an increase from the previous year's £10.5 million deficit and reflects decreased ticket sales by £16.4 million due to a lack of autumn Test matches and only two home games in the Six Nations. The organization anticipates a smaller loss of £3.8 million next year, with plans to return to breakeven by 2025-26 and profitability by 2026-27. Former CEO Mark Dodson received a total remuneration of £887,000, including a severance package of over £400,000, amid the financial turmoil. The SRU board remains optimistic, stating that a financial reset program is underway to stabilize the organization. The new CEO, Alex Williamson, is set to take over as the union seeks to implement necessary changes to improve its financial health.