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Showing posts from April, 2019

ECB ACCOUNTS 2018

This post is a review of the ECB accounts for the year to 31 January 2018.  I reviewed the ECB accounts for the period to 31 January 2017 here . I won't rehash my comments about the lack of transparency in the accounts, but will say that each year the ECB provides less information to its members and people with a strange interest in cricketing finances. I have already covered the disclosure in the accounts that a £2.5m payment was made to Glamorgan for not staging test matches despite statements to the contrary by ECB Chairman Colin Graves. For the second year in a row the ECB accounts show a large loss.  Income increased from £119m to £125m, but with expenditure of £156m, largely unchanged from 2017, there was a 2018 deficit of £30m. At first sight the numbers look odd as 2017 was expected to be a year of unusually high expenditure due to one off payments to the First Class Counties and note 20 the 2018 accounts discloses payments made to the First Class Counties,