Derbyshire to announce fourth profit in a row

Derbyshire County Cricket Club is set to announce a trading profit for the fourth successive year.

The surplus for 2009 - which is subject to final approval by members at the forthcoming AGM - is £14,420; a small increase on the 2008 figure.

Derbyshire Chief Executive Keith Loring is delighted with the results, particularly in the light of a difficult financial climate.

“Four successive profits is an excellent achievement in itself,” he said.

“However, 2009 is probably the biggest success story of all as it has been achieved in the light of the difficult trading conditions which have faced all businesses.

“The ability of the off the field team to attract bumper crowds to our big matches has been crucial to our financial success, as has an increase in advertising and sponsorship income.

“A fourth successive profitable year demonstrates our strategy of spending within our means whilst generating the maximum revenue possible to invest in the team.

“We are continuing to move forward with our planned £700,000 development including new seats, a permanent marquee, a new irrigation system and the turning of the wicket including the repositioning of floodlights and the scoreboard.

“This money has been accumulated in our development fund and therefore we will be incurring no borrowing.

“This work comes after over £250,000 has been spent in the last two years refurbishing existing facilities.

“All of these developments are geared towards making the County Ground a pleasant and comfortable environment for members and cricket lovers.”

Chairman Don Amott said: “Everybody at the club, both on and off the field, has worked hard to achieve these results in 2009.

“However, a special thank you must go to our members, supporters, partners and corporate customers for their continued support during 2009 and in previous years. Their support is greatly appreciated.”

Tom Holdcroft
Media and Communications Manager
Derbyshire County Cricket Club
01332 388 125 / 07768 552 667