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Cricket Australia Reports Record Revenue Driven by India Series and Ashes
Sentiment: NeutralHigh Priority
What Happened?
Cricket Australia achieved record revenue of A$601.1 million in the 2025-26 financial year, largely due to media rights from the Ashes and India series. However, two Ashes Tests that ended in two days cost an estimated A$20 million.
Key points
- Cricket Australia's revenue for 2025-26 was A$601.1 million, a record high.
- The governing body reported a net surplus of A$81.8 million.
- Two Ashes Tests that ended in two days cost an estimated A$20 million in revenue.
- The men's Ashes series against England and the white-ball series against India generated record revenue.
- Cricket Australia anticipates losses in the next two financial years due to a cyclical decline in media rights.
- Australia's men's team retained the Ashes with a 4-1 series win at home.
Key insights
- The significant revenue loss from the two-day Tests may prompt Cricket Australia to reconsider scheduling and match formats.
- Projected losses in the coming years could affect funding for grassroots cricket and development programs.
- The record attendance at the Ashes indicates strong public interest, which may influence future media rights negotiations.
Why it matters
The financial performance highlights the impact of media rights on cricket revenue, which could influence future funding and investments.
Tags
Entities
Cricket Australia· OrganizationIndia· CountryAustralia· CountryAshes· EventMCG· LocationPerth· CitySydney· CityLord's· Location
Source
Times of India
