The Yorkshire County Cricket Club has reported record profits for the year 2019.
Last year saw Emerald Headingley host the Third Specsavers Ashes Test Match, four ICC Cricket World Cup fixtures and a One Day International versus Pakistan. These matches helped Yorkshire to deliver earnings before interest, tax, depreciation and amortisation of goodwill (EBITDA) of £6,451,000, an increase from £515,000 in the previous year.
Catering and pouring rights reverted to Yorkshire in 2019, another significant contributor to the financial success, producing a revenue of £611,000 in the first complete year.
Paul Hudson, The Yorkshire County Cricket Club’s Director of Finance said: “This has been an exceptional year financially, which has delivered a significant impact on our funding.
“The results are due in large part to two specific events that occurred during the year. Firstly, the staging of four World Cup matches generated a one-off receipt of £1,000,000 that was distributed to all First-Class counties, together with payments to stage four matches of an additional £600,000.