Somerset announce record profit

November 25, 2011

by Harrias

Despite having another good season on the pitch, it was off the field where Somerset really profited in 2011.

Somerset announced yesterday record profits for the year ending on 30th September 2011.

The club turned over £5.34m with an operating profit of £408,000. This turnover figure was a 15% increase from the previous year.

On the field success can quite often co-inside with success in other areas of a county club. In 2011 Somerset reached the final of both the FLT20 and CB40 competitions. On both occasions they finished runners-up.

Because of their domestic Twenty20 success the club also found themselves entered into the lucrative Champions League tournament in India, that was played at the conclusion of the county season.

The clubs chief executive Brian Rose, was quick to point out that the financial success should mainly be credited to a 10% rise in membership, and a revenue drive through conferencing and events facilities at Taunton.

Chris Murtagh 25/11/2011

One Comment to “Somerset announce record profit”

  1. Scott84
    November 25th, 2011 @ 4:40 pm

    Well done Somerset. Although slightly surprised at the profit – that’s a record high?? What about clubs at the other end of the scale – what are they posting? Too many empty seats at county cricket…

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