Worcestershire Register Record Profit

19 Jan 2009 | tshego
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Despite sustaining substantial damage to the county’s flagship New Road ground, Worcestershire CCC have turned in a record profit of over £350,000 for the last financial year.


The announcement comes just 12 months after the county suffered a record financial loss after the New Road ground was badly hit by extensive floods in 2007, leading to losses for the county of over £1m.


Chief executive Mark Newton stated: ‘After the floods in 2007 we set about a two-year recovery, we are on track.


‘We lost £75,000 at the end of the 2008 season when we had more flooding or the figures could have been even better.’


Nearly £150,000 has been raised by chairman Percy Price’s Flood Club, with donations, commercial activities and sponsorship adding to the record profit.


Total income rose by 42% as a result of significant increases in gate, catering and commercial income, whilst expenditure was reduced by 16%.

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