Gloucester to keep spending on playing squad after making loss

Gloucester will continue to invest heavily in the playing squad despite recording a financial loss for the first time in seven years.The club's accounts for the year ended 30 June 2016 showed that their turnover increased by 8 per cent from £14.2m to £15.3m but they made an overall loss of £692,227.Read: John Afoa on what Gloucester must do to get it right on the pitchCEO Stephen Vaughan said the main reason for this was due to the increase in the salary cap with Gloucester..., Gloucester to keep spending on playing squad after making loss