Record results before COVID-19 left cricketing world stumped
A high-scoring partnership between its cricket and events businesses last year had put Lancashire Cricket Club in a strong position before being caught out by coronavirus.
Cricket World Cup matches and a five-day Ashes Test saw international match revenues generate £17.5m while its conference and events business contributed £8.4m.
This pushed the Old Trafford club to set new records - its record turnover, of £34.0m, and its best-ever EBITDA, of £7.6m, which it says is the best operating performance of any first-class county.... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
