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County cricket club reveal cash boost
6:06am Tuesday 4th February 2014 in Sport
WORCESTERSHIRE have announced a pre-tax surplus of £59,833 for the year ending September 30, 2013.
It is the fourth successive year the New Road club have had positive financial news and the full accounts will be shown at the annual general meeting in the Graeme Hick Pavilion on Monday, February 24.
The County's coffers were boosted by a match against Australia and the opening of the new conference and banqueting facilities.
Chief executive David Leatherdale said: "We are delighted to show a surplus for the fourth consecutive year despite considerable disruption during the construction of the now completed 'View' development scheme.
"Five winter floods and the coldest March for many years severely affected the early construction phase, resulting in a three-month delay and a shortfall against budgeted revenue of in excess of £500,000.
"However, the launch of our new membership packages for the 2014 season in September 2013 saw the new elite 'View' membership facility sell out in less than four weeks.
"This can only help the club achieve our aim of being a truly 365-day-a-year business generating new and sustainable cricket and non-cricket revenue which can be reinvested back in the team and the club over the years to come."