• County news 2013

Nottinghamshire announce profit in spite of wet summer

ESPNcricinfo staff
January 23, 2013
A view of the pitch after rain stops play © PA Photos
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Nottinghamshire have announced a pre-tax surplus of £19,652 for the year to September 2012, the latest in a series of financial results which have so far defied the disruption caused by one of the wettest summers on record.

The club's annual report show a reduction in net debt of almost £1 million despite a further investment in facilities at Trent Bridge at a time when nine international grounds are jostling for their share of international cricket.

Peter Wright, Nottinghamshire's chairman, said: "Historically, we have a strong track record of profitability but we now face significant challenges and we must continue to raise income to meet increased international match staging fees, invest in the playing squad and continue to enhance our venue.

"There is a lot to look forward to and we take some pride in the position we have achieved in tough economic times."

Trent Bridge will host two international matches in 2013 including the first Ashes Test against Australia in July.

Nottingham County Council has provided a grant of £900,000 to the club to part fund a new scoreboard and replay screen, contending that the retention of international cricket will bring £30m of economic benefit to the East Midlands in the next four years.

© ESPN Sports Media Ltd.
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