Cricket Australia losses lower than expected, bumper paydays ahead
Cricket Australia reported a net deficit of A$31.9 million for the 2023-24 financial year, better than forecast. Higher than expected revenues from last season's matches and additional funds from ICC, IPL, and the Indian tax office helped improve finances. This allowed for increased player payments and boosted grassroots cricket participation, despite a slight drop in junior players.
Cricket Australia reported a net deficit of A$31.9 million for the 2023-24 financial year, better than forecast. Higher than expected revenues from last season's matches and additional funds from ICC, IPL, and the Indian tax office helped improve finances. This allowed for increased player payments and boosted grassroots cricket participation, despite a slight drop in junior players. What's Your Reaction?
