Kent announce profit

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Kent chairman George Kennedy is delighted by improved financial results, which give him "great confidence in the future of Kent Cricket"

Kent have revealed they made an operating profit of £188,000 in 2011.

The figures represent a significant improvement on the previous year, when the club recorded a loss of £595,000.

After taking into account taxation adjustments and interest charges, Kent’s overall profit was £379,000, and chairman George Kennedy has expressed his delight at the results.

“I am delighted that the financial benefits of the work carried out at the St Lawrence Ground in the last year are starting to show in our results,” he said.

“We now have conferencing and event facilities which make Kent Cricket a year-round business, in effect making the ground ‘fit for purpose’.

“In additon, the club’s plan for hotel development remains an important part of our future strategy, and it is hoped that this too will progress in the near future. These financial results, coupled with the recent appointment of Jimmy Adams as head coach, give me great confidence in the future of Kent Cricket.”

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