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Canterbury down by $33,000 Lynn McConnell - 20 September 2001
A $185,000 turnaround to a loss of $33,154 has been reported by Canterbury Cricket this year. In the annual report, which will be presented to Wednesday's annual general meeting, the greatest increase in costs was for domestic teams where costs increased by $148,110 to $808,600 while marketing and promotion costs also lifted by $90,425. Total operating revenue available also dropped by $19,668 to $2,091,372. In his report, chairman David Shackleton made no reference to the loss but did warn that the changes of the past year would be followed by more changes this year. "It is especially important for Canterbury Cricket that the changes which are being faced are well managed to ensure that we remain in a strong position, and more importantly build a stronger organisation particularly at grass roots level," he said. Progress had been made on a number of issues, one of which was the provision of more permanent indoor training facilities. Negotiations for premises with office and storage facilities are nearly completed and should be completed well before next season. Canterbury expects to relocate to the new venue in the new year. Then in the matter which appears to have driven a wedge between the board and its retiring chief executive Tony Murdoch, the development of Canterbury's second tier ground, Shackleton said a suitable alternative ground needed to be easily accessible and to satisfy the demands of players, spectators and sponsors alike. "The board spent considerable time determining the required attributes of such a ground," he said. "After much deliberation the board decided to consider the possibility of a joint development with other key codes of a Sportville concept at Addington. "Much work and further consultation is still required to be completed before a decision will be made to proceed with this development. "It is important that the funding for both the initial capital cost and ongoing operating costs are well entrenched with little likelihood of any burden being placed on future cricket administrators," he said. CCA president Brian Hastings added on the issue: "If this partnership between the four sporting codes and the City [Council] comes to fruition we will have a superb cricket oval and a fantastic sporting complex. "There will be long term benefits for all the codes, sponsors and the city. "However, you board is fully aware that it cannot put the association 'at risk' financially and any decision must be in the interest of Canterbury Cricket in the long term." © CricInfo
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