General News | 24th January 2007
Twenty20 inspires another Notts profit
Good attendances at all Twenty20 Cup group matches at Trent Bridge - and a crowd of more than 12,000 for the quarter-final with Northamptonshire - were instrumental in creating a pre-tax surplus of £140,988 for the year ending September 30.
Said Notts’ finance chairman Richard Tennant: “Twenty20 is the one competition where success results in meaningful incremental income, and the outstanding performance of the team in the competition manifested itself in a 59 per cent increase in match receipts compared with 2005.”
On the back of lifting the County Championship and outstanding staging of the Ashes Test in 2005, membership subscriptions also showed a healthy increase of 13 per cent.
And Mr Tennant added: “The milestone of achieving a record number of 1,160 Junior members was also extremely significant.”
During the course of the year, more than £370,000 was spent on Cricket Development, Academy work and the Lady Bay site, reinforcing the very wide role played by Notts in facilitating the playing and watching of sport by people throughout the county.
Said Mr Tennant: “Given the huge importance to our contribution to the wider community, this is an area where we intend to invest still further in the current year.
“More than 10,000 youngsters are actively involved in our Cricket in the Community scheme, emphasising the importance of Trent Bridge to local community agendas.”
Notts recently announced proposals for an £8.2million redevelopment plan, which will include building a new stand on the Bridgford Road side of the ground and the installation of permanent floodlights.
That would see the ground capacity increase to around 17,500 - a significant move in the fight to retain Test Match status at Trent Bridge.
The Notts CCC Annual Meeting will take place at County Hall, West Bridgford on Monday February 26 at 7pm.