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Derbyshire reveal another season of profit

Derbyshire

Derbyshire are set to announce that they have made a profit for the fourth consecutive year.

The 2009 figure of £14,420 is subject to final approval by members at the forthcoming annual general meeting.

Chief executive Keith Loring said: "Four successive profits is an excellent achievement in itself.

"However, 2009 is probably the biggest success of all as it has been achieved in difficult trading conditions which have faced all businesses."

Loring added: "The ability of the off-the-field team to attract bumper crowds to our big matches has been crucial to our financial success, as has an increase in advertising and sponsorship income.

We are continuing to move forward with our planned £700,000 development

Chief executive Keith Loring

"A fourth successive profitable year demonstrates our strategy of spending within our means whilst generating the maximum revenue possible to invest in the team.

"We are continuing to move forward with our planned £700,000 development including new seats, a permanent marquee, a new irrigation system and the turning of the wicket including the repositioning of floodlights and the scoreboard.

"This money has been accumulated in our development fund and therefore we will be incurring no borrowing.

"This work comes after over £250,000 has been spent in the last two years refurbishing existing facilities.

"All of these developments are geared towards making the County Ground a pleasant and comfortable environment for members and cricket lovers."



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see also
Derbyshire announce annual profit
12 Feb 09 |  Derbyshire
Derbyshire announce small profit
29 Feb 08 |  Derbyshire
Derbyshire reveal rise in profits
13 Feb 07 |  Derbyshire


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