Cricket Australia on Thursday reported a strong financial position ahead of the ICC Cricket World Cup in Australia and New
Zealand early next year.
Revenue of almost Aus$300 million (USD262 million) is expected to grow to Aus$360 million (USD315 million) by the end of this
southern summer season, CA said.
Over CA's four-year reporting cycle that spans from 2013-14 to 2016-17, revenue will climb to a projected Aus$1.22 billion
(USD1.07 billion), up from Aus$736 million in the previous four-year period.
CA explained that cricket revenue is recorded over four-year periods due to the sometimes significant annual fluctuations in
income depending on the teams touring Australia.
The organisation said it has "never been in better health" and will invest Aus$30 million into key strategic projects, including
several grassroots programmes around the country.
And CA CEO James Sutherland said cricket has never been more popular in Australia.
Zealand early next year.
Revenue of almost Aus$300 million (USD262 million) is expected to grow to Aus$360 million (USD315 million) by the end of this
southern summer season, CA said.
Over CA's four-year reporting cycle that spans from 2013-14 to 2016-17, revenue will climb to a projected Aus$1.22 billion
(USD1.07 billion), up from Aus$736 million in the previous four-year period.
CA explained that cricket revenue is recorded over four-year periods due to the sometimes significant annual fluctuations in
income depending on the teams touring Australia.
The organisation said it has "never been in better health" and will invest Aus$30 million into key strategic projects, including
several grassroots programmes around the country.
And CA CEO James Sutherland said cricket has never been more popular in Australia.