Cricket Australia’s Financial Woes: A $17 Million Loss Despite Hosted Tournaments

Australia Cricket Records $17m Loss Despite Boost from Hosting T20 World Cup In the 2022-23 financial year, Cricket Australia has announced a loss of $16.9 million, despite the revenue generated from hosting the Twenty20 World Cup. This loss can be attributed to it being a non-Ashes year, which was expected to have a negative impact […]

Cricket Australia’s Troubles Continue: Warning of “Significant Challenges” Following Losses

Cricket Australia Warns of ‘Significant Challenges’ as it Posts Loss of AUS$16.9m Cricket Australia (CA) has reported a net loss of AUS$16.9 million (US$10.7 million) for the 2022/23 financial year. The national governing body’s chair, Mike Baird, acknowledged the emergence of franchise cricket as both a challenge and an opportunity for Australian cricket. Financial Overview […]