Cricket Australia records near $17m loss despite boost from hosting T20 World Cup

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Cricket Australia records near $17m loss despite boost from hosting T20 World Cup
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Hosting the Twenty20 World Cup has gone some way to balancing the books, after Cricket Australia announced it recorded a $16.9m loss in 2022-23

Pakistan fans at a T2o World Cup match at the Sydney Cricket Ground in November 2022. Hosting the tournament saved Cricket Australia from a bigger financial loss.Pakistan fans at a T2o World Cup match at the Sydney Cricket Ground in November 2022. Hosting the tournament saved Cricket Australia from a bigger financial loss.

The overall profit of the tournament was listed at $42.5m, and “helped offset the reduction in media rights and match income in a non-Ashes year, an increase in player payments strategic investment investment in the BBL and higher travel costs post-Covid-19”, the annual report stated.

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