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SBD Global/February 28, 2013/Finance
Sussex And Glamorgan County Cricket Clubs Reveal Latest Financial Numbers
Published February 28, 2013
MORE CRICKET: Glamorgan County Cricket Club reported an operating loss of £315,793 ($478,805) for the financial year, yet announced a positive earnings before interest tax depreciation and amortization of £398,882 ($604,784). The county’s EBITDA represents a year-on-year improvement of £2.07M ($3.1M) while the aforementioned operating loss compares with a £2.06M in '11. The net cash balances on Dec. 31 2012 totaled £481,027 ($729,333) (Glamorgan County Cricket Club).