Kent County Cricket Club announces financial success in 2011
Wednesday 11th January 2012
George Kennedy CBE, Chairman of Kent County Cricket Club, today issued the following statement regarding the Club’s financial results for 2011:
“Kent County Cricket Club is pleased to announce an operating profit for 2011 of £188,000, compared to a loss of £595,000 in 2010. After taking account taxation adjustments and interest charges, the overall profit was £379,000.
"I am delighted that the financial benefits of the work carried out at the St Lawrence Ground in the last year are starting to show in our results. We now have conferencing and event facilities which make Kent Cricket a year round business, in effect making the ground ‘fit for purpose'.
"In addition, the Club’s plan for hotel development remains an important part of our future strategy and it is hoped that this too will progress in the near future. These financial results, coupled with the recent appointment of Jimmy Adams as Head Coach gives me great confidence in the future of Kent Cricket.”