Gloucestershire Cricket Club is facing a period of uncertainty as Chief Executive Will Brown announces his departure after 11 years at the helm. Brown's tenure has witnessed significant milestones, including a Royal London Cup triumph in 2015 and promotion to Division One. He has also played a pivotal role in transforming Bristol's County Ground into a regular host of international cricket, thanks to the installation of floodlights a decade ago.
However, Gloucestershire's financial situation has become a major concern. The club recently reported a loss of £1.19 million in its annual accounts, more than double the previous shortfall. The cost of living crisis, rising running costs, and a washed-out ODI between England and Ireland have contributed to the current predicament.
The club's non-Test and Hundred hosting status has made it heavily reliant on international matches for revenue. The absence of such fixtures has left a significant financial void. An independent audit has revealed net liabilities of £5,019,000, putting Gloucestershire in breach of its banking covenants and raising doubts about its ability to continue operating.
As a result, the club is exploring the sale of its historic Nevill Road ground, which is estimated to be worth between £25 and £40 million. Gloucestershire has already identified a potential site for a new venue north of Bristol.
In addition to Brown's departure, the club has also seen the resignation of Chair David Jones and Acting Chair Steve Nelson. Arron Banks, co-founder of the Leave.EU campaign, has expressed interest in taking over the club.
Despite the challenges, Brown remains optimistic about Gloucestershire's future. He highlights the club's talented players, dedicated staff, and ongoing efforts to secure financial support and bid for major events.
"I have absolutely loved my time at Gloucestershire Cricket and it has been one of the greatest honours of my life to serve the club I have supported my whole life," Brown said. "The decision to leave is not one I have taken lightly and it has taken me months of agonising to reach this point."
"I leave in the knowledge that we have a fantastic group of players, coaches, staff and volunteers who are completely dedicated to the Club and its future."
Tags: #GloucestershireCricket, #WillBrown, #FinancialCrisis, #NevillRoad, #InternationalCricket
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