County news February 27, 2016

Worcestershire make £180k surplus

ESPNcricinfo staff

Activities away from cricket have helped boost Worcestershire's finances © Getty Images

Worcestershire have announced a profit for the sixth successive season but have said that continued work is required in what are "potentially changing and unpredictable times for cricket."

The county registered a surplus of £182,412 after tax for the period ending on December 31, 2015 which follows a surplus of £58,772 in 2014.

They said that the promising results have stemmed from making Worcestershire, and specifically its ground at New Road, a year-round business with conference and hospitality facilities and also the academy structure.

David Leatherdale, the outgoing chief executive who is leaving to take up the same role at the PCA, said: "The year 2015 has again shown promise and progression, both on and off the pitch, with increased income across membership, tickets and events and we are starting to see the fruits of players being brought through the clubs vibrant academy during the last five years which will only continue.

"The club is in a very different and more positive place than five years ago and a great deal of progress has been made.

"However, there is still further work to do in what are potentially changing and unpredictable times for cricket, both domestically and globally, and it is vital that we manage our cost base and margins going forward to continue to benefit from the investment made at New Road and make further investment on the pitch."

Worcestershire have made three strong overseas signings for the 2016 season with Matt Henry and Kyle Abbott sharing the summer while Mitchell Santner, the New Zealand allrounder, will also join for the NatWest T20 Blast.

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  • Paul on February 27, 2016, 14:30 GMT

    Good old Luggsy. A nice bloke. I doubt he remembers me getting him out twice in 2 balls in Aussie style indoor cricket at Wickets in Worcester in 1992. The 2nd was the best, caught jabbing one off his ribs to my mate Steve Beavan at short leg. The first was a drive that just stuck in my hand more from luck than judgement. Still. Worcestershire won;t be playing proper cricket soon when we go to city franchises as seems likely. Shame to throw it all away. Small profitable clubs make room for large loss making clubs who threaten to go under every year when the test schedule is announced and they don't get a test to justify their massiveand unaffordable expansion costs. Doesn't make any sense to me - but hey ho. We all move on.

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