Lancashire Cricket coffers jingle



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Emirates Old Trafford Lancashire Cricket Club reports profit Image: Emirates Old Trafford Lancashire Cricket Club

Lancashire Cricket (UK) has recorded an operating profit of £3,068,026 for the year ended December 31st, 2022.

‘Lancashire Cricket Club’ stated that the club’s post-pandemic recovery continued in 2022 as Lancashire Cricket benefited from a return to normality with a full year of unrestricted crowds, following on from two particularly challenging years previously, due to COVID-19.

The Lancashire County Cricket Club represents the historic county of Lancashire in English cricket (UK). The club has held first-class status since it was founded in 1864. Lancashire’s home is the Old Trafford Cricket Ground, although the team also play matches at other grounds around the county.

The 50,000-capacity Old Trafford is a cricket ground in Old Trafford, Greater Manchester, England (UK). It opened in 1857 as the home of the Manchester Cricket Club and has been the home of Lancashire County Cricket Club since 1864. From 2013 onwards it has been known as the Emirates Old Trafford due to a sponsorship deal with the Emirates Airline.

‘Lancashire Cricket Club’ further stated that following the huge disappointment of the canceled England vs. India Test Match in 2021, the Emirates Old Trafford successfully hosted two One-Day Internationals against India and South Africa and a Test Match against South Africa in 2022. Attendances at the Emirates Old Trafford for domestic and international cricket were slightly impacted throughout the 2022 campaign, due to the construction works following the demolition of the Red Rose building and stand.

On the pitch, the club continued to be successful – particularly in the men’s game – with the team progressing to the Royal London Cup Final (limited overs cricket competition) and Vitality Blast Finals Day (professional Twenty20 cricket league), whilst also finishing runners-up in the LV=County Championship.

Thunder – the club’s professional women’s team – continued their steady progress on the field, following an historic pre-season tour to Dubai which was the first joint men’s and women’s tour ever undertaken by a First-Class County. The club was also proud to see 20 players – men and women – represent England at various levels throughout the year.

The Emirates Old Trafford’s onsite Hilton Garden Inn hotel reported record revenue of £5,430,492 during 2022, whilst the club’s conference and events revenue continued to return to normal levels of £3,373,251 – as consumer confidence returned after the COVID-19 pandemic.

The venue also held four soldout concerts during 2022, one of which, The Killers (American rock band), was rolled over from 2020. The Emirates Old Trafford hosted two nights of the English singer-songwriter Harry Styles and one night of the American rock band Red Hot Chili Peppers.

Following a hugely successful 2022, 2023 is set to be another bumper year at the Emirates Old Trafford as it hosts the England vs. Australia Fourth Men’s Ashes Test Match in July, and an IT20 fixture against New Zealand in September, as well as Lancashire’s domestic campaign. In addition to the world-class cricket, the English rock band Arctic Monkeys have been confirmed to play at the venue in 2023 with two sellout shows on June 2nd and June 3rd.

2023 marks a milestone year for the historic venue with the latest Emirates Old Trafford redevelopment project. A new stand, concourse and a restaurant area will be open for the Ashes in July, with a 100-room extension to the current Hilton Garden Inn to launch later in the year.

Said Angela Lowes, Chief Financial Officer at Lancashire Cricket, “Following the incredibly difficult challenges that we faced in 2020 and 2021 due to the COVID-19 pandemic, it has been fantastic to experience a normal and successful year for the club. I would like to thank our primary lender, Metro Bank, for their support this year, which has been hugely appreciated, particularly regarding funding of the new development at the Emirates Old Trafford. To welcome full crowds back for domestic and international cricket, as well as concerts, has played a key role in helping the club to return to pre-pandemic levels, whilst the onsite Hilton Garden Inn and the conference and events business continue to go from strength to strength.”

Added Lowes, “We look forward to unveiling our new stand, concourse and restaurant for the Ashes this Summer, with an additional 100 bedrooms to complement our existing 150-bedroom Hilton Garden Inn to open later in the year. Combined with a packed domestic schedule and two soldout nights of the Arctic Monkeys, we can look ahead to another exciting and busy year for the club.”

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