County news February 16, 2013

Derbyshire announce 2012 profit

ESPNcricinfo staff

Derbyshire have announced a profit of £23,310 for 2012, a further sign that the club is in good health ahead of their return to Division One of the Championship. The club have generated a surplus for the second year running - and the sixth in seven - despite a wet summer that caused financial headaches for several counties.

Derbyshire recently revealed plans to redevelop their Derby ground, with a view to hosting games at the 2019 World Cup, as part of a six-point blueprint to develop and promote cricket in the county.

"After a very challenging summer for English cricket, in which we were competing with both the weather and sporting spectacles such as the London Olympics and Euro 2012, our financial results for the year are very pleasing indeed," the chief executive, Simon Storey, said. "The profit is testament to the hard work of everyone involved and it caps a special year for the county both on and off the field."

Derbyshire chairman, Chris Grant, added: "It has been a momentous year for Derbyshire County Cricket Club and - given the economic climate - posting a profit for the second successive year is an excellent achievement. Even more importantly we are embarking upon an exciting period both on and off the field with no debt and on a sound financial footing."