Adi wrote:I know i am late in posting on this, however Durham being relegated is a shocker. And the financial penalty, But i fail to understand that if the county is struggling financially then what is logic behind adding fine to their debt Just because it went into loss they have taken this action What has gone wrong. The administration, or ECB.
captaincolly wrote:Adi wrote:I know i am late in posting on this, however Durham being relegated is a shocker. And the financial penalty, But i fail to understand that if the county is struggling financially then what is logic behind adding fine to their debt Just because it went into loss they have taken this action What has gone wrong. The administration, or ECB.
The sanctions were relegation, loss of test status plus points deductions in return for the ECB writing off some of the debts so there were no fines or financial punishments.
It's a long story but essentially the problem was that Durham were struggling to generate sufficient revenue to service the debt. The actual amount of debt was small in comparison to other international grounds but , for one reason or another , those grounds generate enough income to service the debts.
Who is to blame for the sorry affair is a matter of opinion!
captaincolly wrote:I wonder how the new test allocation system is going to work? Getting rid of the existing bidding process must be a tacit admission by the ECB that it was deeply flawed.
Durhamfootman wrote:captaincolly wrote:I wonder how the new test allocation system is going to work? Getting rid of the existing bidding process must be a tacit admission by the ECB that it was deeply flawed.
I'm wondering when Sorry lose their staging rights, and whether that will make the slightest bit of difference to where the last test of the summer goes.
Adi wrote:Is it not possible that if Durham Management market the game well, revenue issue can be sorted.More advertisement boards on boundary, give the name of some company to one stand, or like Wankhede sell couple of boxes to corporate and get money. There may be more ways to get revenue. Here in India 1 Ranji match a day is telecast. Have Durham earned through broadcast rights and advertisements?
captaincolly wrote:Adi wrote:Is it not possible that if Durham Management market the game well, revenue issue can be sorted.More advertisement boards on boundary, give the name of some company to one stand, or like Wankhede sell couple of boxes to corporate and get money. There may be more ways to get revenue. Here in India 1 Ranji match a day is telecast. Have Durham earned through broadcast rights and advertisements?
I think the problem is that Durham lost lots of money on test matches and the costs of staging them are extreme. Debt also racked up because of necessary ground redevelopment - installing lights etc.
Most other international grounds are struggling but they survive either because someone has come in and put money in, council had stepped in to help with debts etc. Durham also struggle to sell T20 tickets for the domestic competition.
southwood wrote:captaincolly wrote:Adi wrote:Is it not possible that if Durham Management market the game well, revenue issue can be sorted.More advertisement boards on boundary, give the name of some company to one stand, or like Wankhede sell couple of boxes to corporate and get money. There may be more ways to get revenue. Here in India 1 Ranji match a day is telecast. Have Durham earned through broadcast rights and advertisements?
I think the problem is that Durham lost lots of money on test matches and the costs of staging them are extreme. Debt also racked up because of necessary ground redevelopment - installing lights etc.
Most other international grounds are struggling but they survive either because someone has come in and put money in, council had stepped in to help with debts etc. Durham also struggle to sell T20 tickets for the domestic competition.
Careful with the reasons for debt - the lights were paid for by the ECB. Durham may have had to bear the costs of securing the planning permission though - consultants reports etc. They only lost money on Tests that were not attractive ( most of them ),scheduled for the colder months of the season and in the same week as a Test in the same series finished 85 miles down the road. The ODI's have been relatively successful though but they only last for one day so the impact on income is not substantial especially when some of the extraneous costs are taken into account.
The last part about lack of a 'sugar daddy' keeping them afloat is correct along with the poor returns from T20 and the 50 over cup copmpetition.
Durham do not benefit directly from the televised games as the ECB gets that first then distributes a proportion to each county. I think each county has to be prepared to host any game that Sky selects.
captaincolly wrote:Adi wrote:Is it not possible that if Durham Management market the game well, revenue issue can be sorted.More advertisement boards on boundary, give the name of some company to one stand, or like Wankhede sell couple of boxes to corporate and get money. There may be more ways to get revenue. Here in India 1 Ranji match a day is telecast. Have Durham earned through broadcast rights and advertisements?
I think the problem is that Durham lost lots of money on test matches and the costs of staging them are extreme. Debt also racked up because of necessary ground redevelopment - installing lights etc.
Most other international grounds are struggling but they survive either because someone has come in and put money in, council had stepped in to help with debts etc. Durham also struggle to sell T20 tickets for the domestic competition.
Adi wrote:captaincolly wrote:Adi wrote:Is it not possible that if Durham Management market the game well, revenue issue can be sorted.More advertisement boards on boundary, give the name of some company to one stand, or like Wankhede sell couple of boxes to corporate and get money. There may be more ways to get revenue. Here in India 1 Ranji match a day is telecast. Have Durham earned through broadcast rights and advertisements?
I think the problem is that Durham lost lots of money on test matches and the costs of staging them are extreme. Debt also racked up because of necessary ground redevelopment - installing lights etc.
Most other international grounds are struggling but they survive either because someone has come in and put money in, council had stepped in to help with debts etc. Durham also struggle to sell T20 tickets for the domestic competition.
Ticket revenue is not that much even in India when compared to revenue through rights given for broadcasters and on the ground advertisements. This revenue goes to BCCI i suppose but it is so much that BCCI can take care of probably every ground. The management need to see why BCCI is financially very successful. There could be some ways which ECB are missing.How good is ECB doing financially. Is it in a position that it can solve issues of counties which are facing operqating cash crunch.
Durhamfootman wrote:I think the ECB has reserves of around £70M, which I believe is enough to keep county cricket going for 2 years without any additional income... although southwood probably knows more about these things than I do
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