October 30, 2025 2:38 PM
Cricket Australia reports $7 million loss despite bumper India series
Cricket Australia (CA) announced a net deficit of A$11.3 million ($7.34 million) for the 2024-25 financial year on Thursday, with a steep increase in costs offsetting a jump in revenue from hosting the Border-Gavaskar series against powerhouse India. CA said at its annual general meeting (AGM) total revenue increased by A$49.2 million from the previous year to A$453.7 million, predominantly driven by a new domestic media deal and match revenue from the five-test series against India. Expenses ...