Cricket Australia posts $18m surplus

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Oct 31, 2019, 04:35

Cricket Australia has recorded an $18 million operating surplus in a year of "healing", chairman Earl Eddings says.

The 2018/19 operating surplus of $18.2m is $9.9m more than the previous year.

The surplus comes amid a dramatic improvement in player behaviour - code of conduct charges dropped 74 per cent at all levels from national teams to country competitions.

"The past year has been a time of healing for Australian cricket," Eddings wrote in CA's annual report, which was released on Thursday at the organisation's annual general meeting.

"We have focused on building a purpose-led culture ... following a challenging 12 months.

"Australia's men's team has shown their commitment to restoring their connection with each other and the Australian public.

"It was a year which redefined the way Australia would play, in a spirit the whole country can be proud of."

Cricket Australia's chief executive officer Kevin Roberts said there had been a focus on rebuilding trust after the ball-tampering scandal of the men's Test team in South Africa in March last year.

"With a focus on rebuilding trust and improving performance on and off the field, we are pleased to announce another year of strong financial performance," Roberts said in a media release.

He said funding for state and territories over the next four years would increase from $100m to $450m, with a "significant portion" steered to community cricket infrastructure and development, including 58 new community roles to support cricket in local communities.

In the 2018/19 season, more than 2.16 million people attended international, BBL and WBBL games - a record figure in a non-Ashes year.


Oct 31, 2019, 13:49

Say Chippo...I bet you liked this bit.....now that's doing something for cricket.

He said funding for state and territories over the next four years would increase from $100m to $450m, with a "significant portion" steered to community cricket infrastructure and development, including 58 new community roles to support cricket in local communities.

 
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