Cricket Ireland's finances 'fragile'
Published 23/04/2013 | 07:59
Cricket Ireland reported a loss of more than £72,000 for the year ending December 2012 and admitted their financial position is "fragile".
Chair of Finance Bob Magee told the annual meeting in Dundalk yesterday that the wet summer impacted attendances and the Lord's Taverners' support, which was worth £15,000 in 2011, has ended.
In all, the overall net deficit was £48,829 worse in 2012 and with a record amount of international and representative cricket being played this year the playing budget is certain to be increased.
Indeed Mr Magee admitted the "more cricket we play, the more it costs" and it will need a record attendance for a home Ireland international of 8,000 to come to Malahide on September 3 if they are to break even on the match.
The new Malahide ground will have a capacity of 11,500.
The biggest fall in gate receipts last year came at Stormont when the poor forecast and eventual rain attracted only 3,000 to the glamour game of last year, against Australia, instead of the expected 4,500.
Arthur Vincent, who described himself as the "raining" president handed over the office to Robin Walsh, who admitted he "had a tough act to follow".
The first journalist to hold the office, he detailed his playing career with Foyle and Londonderry College, RBAI and the BBC before revealing that he is the oldest recipient of the presidency which, he said, "made an old man very happy".