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Glamorgan CCC reports £366,000 annual loss
By Pete Hayman
Glamorgan County Cricket Club has confirmed that it has made its first loss in four years after reporting a £366,000 deficit in 2010.
According to the club, staging two Twenty20 matches between England and Pakistan in the wake of the spot-fixing controversy had impacted on its trading for the 12-month period. GCCC chief executive Alan Hamer said: "If you exclude the two England v Pakistan Twenty20 internationals, our 2010 trading performance was in line with our initial forecasts."
The club also reported a 2 per cent year-on-year increase in turnover, while operating profit stood at more than £1m for the second successive year. It follows a turbulent winter for the county cricket side, which saw its president, coach and captain resign amid personnel changes on and off the field.
Glamorgan County Cricket Club has confirmed that it has made its first loss in four years after reporting a £366,000 deficit in 2010.
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