Cricket Australia rakes in the moolah

Cricket Australia yesterday reported a strong financial position ahead of the ICC Cricket World Cup in Australia and New Zealand early next year

Sydney: Cricket Australia yesterday reported a strong financial position ahead of the ICC Cricket World Cup in Australia and New Zealand early next year.

Revenue of almost Aus$300 million (Rs 1800 crore approx) is expected to grow to Aus$360 million (Rs 2100 crore approx) by the end of this summer season, CA said.

Over CA's four-year reporting cycle that spans from 2013-14 to 2016-17, revenue will climb to a projected Aus$1.22 billion (USD1.07 billion), up from Aus$736 million in the previous four-year period.

CA CEO James Sutherland said the ICC World Cup from February to March next year will further lift the profile of cricket in Australia.

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