County news

Lancashire hit record profit

Cricinfo staff

February 16, 2007

Lancashire have made a record profit of £747,370 for 2006, the third year in a row they have reached a new level.

Turnover for the club fell by 6% to £11.7m, due to the impact of the Ashes Test in 2005, but this was balanced through a strong performance in the other areas of club trading.

Lancashire have a history of strong finances, which is partly down to holding the largest membership in the country and also diversifying into other areas such as the Old Trafford Lodge and conference facilities. They also benefit from using the ground for car parking during Manchester United home matches.

The club has recently announced a large redevelopment plan for Old Trafford, which will include a new 25,000-seater stadium. Last year they were hit by the news that there won't an Ashes Test at the ground in 2009, although during the coming season they host West Indies in early June.

© Cricinfo

Add to del.icio.us | digg this | Stumble It What's this? If you liked this article and would like to share it with others on the web who might be searching for good content on cricket, you may use these buttons. When you add them to any of these sites, you "social bookmark" them for others to find and rate. More on del.icio.us>> More on digg>> More on stumbleupon>> Close

Live scores, results, news, features and more - a click away Download the Cricinfo Toolbar NEW fantasy cricket game - England v South Africa (starts July 10) Login and enter your team now Cricinfo on the go - our mobile services WAP and Mobicast

Stories

Old Trafford set for new stadium

Teams

England

Lancashire

Grounds

Old Trafford