We announced a profit for the sixth consecutive year at lastnight’s Annual General Meeting but chairman of financeRichard Tennant issued a stern warning to members for the future.Our profit before tax of £141,000 for the year endingSeptember 30, 2006 represented another successful 12 months butTennant warned that with the increase in competition forinternational matches, tough times were likely ahead.
He said: “While we have enjoyed a successful period in thepast six years, it should be made clear that we face the toughestfinancial challenge in our history.
“The threat around staging international cricket has neverbeen greater, but members can be assured that we are approachingthe task in a very positive manner.
“We are confident that we have as strong a team as any in thegame to take Notts forward.”
Chief executive Derek Brewer outlined in depth the proposals forthe redevelopment of Trent Bridge and how we intend to secure ourposition as a Test Match venue.
He explained the process behind the new five-year strategic planand explained that the £8.2million redevelopment of the WestWing and Parr Stands was just the first step in increasing thecapacity of the ground to 20,000 by 2011.
He added: “Competition for the staging of internationalmatches is immense and while cricket was perhaps immune fromcompetition in the past, it certainly isn’t now.
“While we have a long staging agreement with the ECBguaranteeing Test Match cricket here until 2011, we think it isonly right to look ahead and try and anticipate the threats.
“To do nothing would have been tantamount to allowing TrentBridge to wither on the Test Match vine and that was certainly notan option.”
Committee members John Gillott, Peter Hacker, Alan Haydock and IanHepburn were re-elected unopposed, while former President KenClarke was elected as Vice-President.
THURSDAY 21 SEPTEMBER 2017
ENGLAND v WEST INDIES