SMF - Just Installed!
The news that Sussex are in financial strife begs the question why can't they be given the estimated 28million due to them from The Hundred auction?The ECB say money from Project Gemini can be used to build reserves, generate revenue and reduce debt. Around 400,000 was paid to counties in July, upon six of the eight deals being completed.They have put guardrails in place for the good of the game, and they are not letting it be spent on operating losses. "We will utilise the County Partnership Agreement (CPA) to ensure that while counties do have autonomy over their funds, they are operating within a framework and are held to account on their financial sustainability," a statement released last February read.This is harsh, in my opinion. If some counties need it for operating losses, needs must. They have made enough sacrifices for The Hundred.In men's cricket, all Sussex have to put on at Hove in the school summer holidays are 50-over games involving depleted sides; just four home matches. The Cricketer first learned of Sussex's difficulties last year, but now The Guardian has broken the news that they have been placed in special measures due to alleged financial mismanagement.
Oh dear. The money from that big legacy got staffed away.
Points deduction could be on the way apparently. Every little helps...
Is it the case, as with sport clubs. That the road to Hell, is paved with Ground Redevelopments.
The Cricketer is reporting that Middlesex have moolah problems. In their case, it is not owning a ground and no prospect of generating income. As MCC have first call on Lords, there is little that they could organise there.
Lots of money in N. London. They should tap up some of their high rolling supporters.
The hope, when attracting an investor, is to be able to build a multisport facility inside the M25 near Heathrow; quite the ambition. As club chair, the affable but somewhat beleaguered Richard Sykes notes, any partner would probably require "an element of philanthropy".
Quote from: nat on January 29, 2026, 12:47:20 PMLots of money in N. London. They should tap up some of their high rolling supporters.The article contains the following gem:QuoteThe hope, when attracting an investor, is to be able to build a multisport facility inside the M25 near Heathrow; quite the ambition. As club chair, the affable but somewhat beleaguered Richard Sykes notes, any partner would probably require "an element of philanthropy".So an investor that shouldn't expect to see any returns. Good luck with that. They really are up against it.
