Glamorgan had recorded an operating profit of £53,000 in 2022, illustrating the tough terrain facing county clubs at the moment
Glamorgan's latest financial figures illustrate the tough terrain facing county clubs at the moment.
They lost £316,000 for the calendar year to December 31, 2023, compared to an operating profit of £53,000 in 2022. That converts to a £431,000 profit before interest, tax, depreciation and amortisation, compared to £772,000 the year before.
The club is predicting that the overall financial position will again be 'tight' and 'challenging' in this next year.
Sophia Gardens will stage a men's T20I against Pakistan on May 28, ahead of the World Cup in June, and another against Australia on September 13.
Glamorgan host Welsh Fire in The Hundred [Dan Mullan/Getty Images]
New chief executive Dan Cherry said it was a "reasonable financial outcome". He continued: "The prospect of significantly improved revenues through international cricket and particularly The Hundred from 2025, will enable more investment in key areas."
Glamorgan talk as enthusiastically as any county about The Hundred (even though they don't play in it – unless you count Welsh Fire).
Sophia Gardens hosted 38,000 fans for four Hundred home games, and 33,000 for seven Blast matches (although one has to factor in that the former has the prime slot in the school summer holidays).
County MOT: A deep dive into the finances of the 18 counties
Staging an England's men ODI against New Zealand late last summer plus those four Welsh Fire matches earned the club £1.83m.
The club are also keen on hosting one of the new tier one women's domestic teams.
With Hugh Morris retiring as CEO, it has been a smooth transition with his deputy Cherry now in the role (although some fans say fresh blood was needed). Morris did a grand job shrinking the club's debt to £3m gross (£1.8m net).
Kiran Carlson (centre) will captain the side in both white-ball formats, one of a number of changes at the club [Shaun Botterill/Getty Images]
Grant Bradburn is new as club coach, however, unifying the roles that were shared by Matthew Maynard (red-ball) and Mark Alleyne (white-ball). The New Zealander spoke boldly and energetically when the news was announced, talking about "a ground-zero start for everyone – staff and players".
Sam Northeast is the new red-ball captain, with Kiran Carlson now in charge of both white-ball teams (he previously led just the One-Day Cup side). David Lloyd was the Championship and Blast skipper, and his exit (to Derbyshire) shocked supporters.
Supporters are also depressed about Australian seamer Michael Neser's switch to Hampshire (he shone with ball and bat last season), although they have brought legspinner Mason Crane to Cardiff in return on a season-long loan.
Meanwhile former seamer and now broadcaster Alan Wilkins, 70, is the club's new president. Born in Cardiff, he took 243 first-class and 130 limited-overs wickets for Glamorgan and then Gloucestershire.
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