Redirigiendo al acceso original de articulo en 20 segundos...
ARTÍCULO
TITULO

Howzat? The Financial Health of English Cricket: Not Out, Yet

Daniel Plumley    
Rob Wilson    
Robbie Millar and Simon Shibli    

Resumen

In 1997 a review of the financial health of English county cricket highlighted strategic weaknesses within the professional game, principally an over-reliance by clubs on the annual grants provided to them by the England and Wales Cricket Board (ECB). Without such grants the teams, in general terms, would be insolvent. Using the financial statements of the First Class Cricket Counties, this paper explores how the financial position and performance of the county game has changed, 20 years on from the seminal study. A series of structural changes to the game had been made, yet financial problems are still evident. Counties are as reliant on central grant income as they were in 1997, although there are cases where clubs have made strategic enhancements and are becoming self-sustainable as going concerns. Rather than the ECB directly funding county revenue it should be working in collaboration with individual clubs to achieve developments in the game from the grassroots upwards, in order to help clubs grow their own revenue streams.

 Artículos similares

       
 
Yadav Devi Prasad Behera, Sudhansu Sekhar Nanda, Shibani Sharma and Tushar Ranjan Sahoo    
The encouragement of potential investors who are emotionally broken by past losses and market experiences is crucial to the sustainable flow of funds to the stock market. This can be established by building a knowledge-creating mechanism among investors ... ver más

 
Alberto Calahorro-López, Melinda Ratkai and Julio Vena-Oya    
This paper analyses the impact of Financial Fair Play (FFP) on clubs? finances and on the relationship between them and clubs? sporting outcomes in the Spanish league. To this end, financial ratios and accounting variables obtained from the clubs? own an... ver más

 
Georgi Nikolov Georgiev     Pág. 43 - 57
The paper investigates the issue of fuel poverty and its presence in the Bulgarian context. The focus of the analysis is on the potential for alleviation and ? in the long term ? elimination of energy poverty through the implementation of measures for en... ver más

 
Liam Hyland,Avani Sebastian,Yudhvir Seetharam    
AbstractOrientation: Behavioural finance research suggests that human biases can cause irrationalities which have a significant impact on decision making. Discovery Bank is an organisation that attempts to apply behavioural finance to improve the financi... ver más

 
Daniela Rybárová, Helena Majdúchová, Peter ?tetka and Darina Lu?cíková    
The aim of this paper is to assess the reliability of alternative default prediction models in local conditions, with subsequent comparison with other generally known and globally disseminated default prediction models, such as Altman?s Z-score, Quick Te... ver más