Numbers add up nicely for Sussex says Brooks

Chief executive Dave Brooks believes Sussex are well set up to continue their progress on and off the field after the county announced a modest profit.

A surplus of £12,000 was recorded in the latest set of accounts – and the nitty gritty of the balance sheet also reveals some encouraging numbers with operating income up 7 per cent to £5.2m, a 3.6 per cent rise in matchday income and a 12 per cent hike in sponsorship.

The rise in commercial revenue of £717,000 is particularly important, reflecting that the investment in facilities at Hove has paid off despite the uncertain economic climate.

Sussex have spent £8m of the bequest from former vice-president Spen Cama on redeveloping the County Ground but still have a ‘rainy day fund’ of £1.5m left in the bank.

Brooks said: “Three years ago we targeted increasing additional income so the club is sustainable on a long-term basis and we are on track despite a difficult economic climate.

“Non-Test match grounds like ourselves need to run as leanly as possible and we are doing that.”

It is not quite the age of austerity at Hove, but there was no extra money for coach Mark Robinson to add to the squad and although they have signed Scott Styris for the Twenty20 campaign they have failed to sign Rana Naved for a third spell with the county. Instead the Pakistani has signed for Derbyshire.

Brooks added: “Our playing budget is still in the top 10 of the 18 counties and when you think that nine of them are Test match grounds that is not a bad place for us to be.

“We can and we will compete for players who will be part of a squad which is able to challenge for silverware in all three competitions.”

This entry was posted in Bruce Talbot, County cricket, Sussex and tagged , , , , . Bookmark the permalink.

Comments are closed.