General News | 27th February 2007

Warning for future at AGM

We announced a profit for the sixth consecutive year at last night’s Annual General Meeting but chairman of finance Richard Tennant issued a stern warning to members for the future. Our profit before tax of £141,000 for the year ending September 30, 2006 represented another successful 12 months but Tennant warned that with the increase in competition for international matches, tough times were likely ahead.

He said: “While we have enjoyed a successful period in the past six years, it should be made clear that we face the toughest financial challenge in our history.

“The threat around staging international cricket has never been greater, but members can be assured that we are approaching the task in a very positive manner.

“We are confident that we have as strong a team as any in the game to take Notts forward.”

Chief executive Derek Brewer outlined in depth the proposals for the redevelopment of Trent Bridge and how we intend to secure our position as a Test Match venue.

He explained the process behind the new five-year strategic plan and explained that the £8.2million redevelopment of the West Wing and Parr Stands was just the first step in increasing the capacity of the ground to 20,000 by 2011.

He added: “Competition for the staging of international matches is immense and while cricket was perhaps immune from competition in the past, it certainly isn’t now.

“While we have a long staging agreement with the ECB guaranteeing Test Match cricket here until 2011, we think it is only right to look ahead and try and anticipate the threats.

“To do nothing would have been tantamount to allowing Trent Bridge to wither on the Test Match vine and that was certainly not an option.”

Committee members John Gillott, Peter Hacker, Alan Haydock and Ian Hepburn were re-elected unopposed, while former President Ken Clarke was elected as Vice-President.

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