Lancashire Cricket Club announces best financial results ahead of coronavirus

Lancashire Cricket Club recorded its best financial results ever ahead of the coronavirus pandemic.
Lancashire's record financial figures for 2019 were boosted by an Ashes Test and World Cup fixturesLancashire's record financial figures for 2019 were boosted by an Ashes Test and World Cup fixtures
Lancashire's record financial figures for 2019 were boosted by an Ashes Test and World Cup fixtures
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The 2019 cricketing summer was dominated by the ICC Cricket World Cup and the Specsavers Ashes Test series, with Emirates Old Trafford hosting 12 days of top international cricket, including the sell-out World Cup semi-final between New Zealand and India.

Vitality Blast ticket sales were up by 34 per cent on 2018 and the county broke its attendance record for a non-Roses fixture three times during the season, also selling out the Roses match for a sixth successive year.

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Last season saw Lancashire crowned County Championship Second Division champions and reach the semi-finals of the Royal London One-Day Cup.

The club invested in two new electronic scoreboards and replay screen and a LED ribbon running in front of two stands.

Lancashire Cricket Chief Executive Daniel Gidney, said: “2019 was a landmark year for the club, when years of investment in talent and the infrastructure of Emirates Old Trafford was rewarded and truly reflected in our financial results. I’m delighted that all key business streams performed ahead of expectations.

“To generate in excess of £30m of non-broadcast revenues is truly remarkable and better than some Premier League clubs. These results are a record for published accounts, excluding minority interests and legacies, for any First-Class County and make this a proud day for the Red Rose.

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"Clearly, these are now tough times as the club navigates its way through the current Covid-19 pandemic but these results at least help relieve that financial burden.

"Our priority now is to work with our stakeholders to find a way for cricket to return as quickly as it is safe to do so. This will help us protect future revenues as much as possible and allow us to continue to invest in our infrastructure for the benefit of our members and supporters."

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