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ECB Finances Follow Up

A previous post bemoaned the lack of transparency in the ECB accounts.  
The excellent By The Sightscreen blog reveals a more forthcoming ECB.    As well as filing accounts at Companies House the ECB, as an employers association, files an annual return with the "Certification Officer" neither document is, generally, very informative.  The ECB normally attaches a set of accounts to the annual return. However, for the period to 31 January 2016 the ECB attached, not the public accounts filed with Companies House, but the ECB's own management accounts, providing a detailed analysis of income and expenditure for the period. If you would like to take a look go to link.  It's the 2015 return you are after (for the period to 31 January 2016).

By The Sightscreen has some fun with the numbers disclosed - including £275k for "public policy and foreign relations" which  presumably includes the cost of keeping Giles Clark fed and watered and another £120k on the CEOs box.  

There is also some detailed disclosure on the ECB's income.  In the year to January 2016 the ECB's turnover was £107m split: £83m broadcasting income, £10m from matches, £7m from the ICC and £7m other.  The £83m broadcasting income split: £73m UK (largely Sky) and £10m overseas.  But in the year to January 2015 overseas broadcasters paid £57m to the ECB, tribute to the earnings power of a series against India.  From 2020 the ECB's UK broadcasting rights will be worth £200m a year implying an annual income of £230m to £300m, cricket has never experienced such prosperity.

Cheers everyone!


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