Lancashire Cricket announces financial results for 2025
Lancashire Cricket has today published its Annual Report and Accounts for the year ended 31 December 2025, reporting a year of strong financial performance, continued investment into cricket, and significantly enhanced balance sheet strength following a landmark year for the Club.
In their first year as a professional team within the new Tier 1 structure, Lancashire Women delivered a landmark season, completing a domestic double by winning both the Vitality Women’s T20 County Cup and the Metro Bank One-Day Cup, marking the culmination of a ten-year journey for the side.
2025 was also a record-breaking year for attendances at Emirates Old Trafford, outside of an Ashes summer, with strong crowds across international and domestic cricket, including a successful Roses T20 fixture and a Vitality Blast home quarter-final.
Turnover for the year was £34.8million, with the Club delivering an operating profit before exceptional items and excluding dividends received of £1.5million, reflecting robust operational performance across Lancashire Cricket’s core revenue streams and the continued resilience of its diversified business model.
A defining strategic milestone during the year was the completion of the Manchester Originals transaction. Under the new structure, the Club retains a 30% stake via Manchester Super Giants, with RPSG Group acquiring a 70% majority share in The Hundred franchise. The transaction generated £29.2million in dividend income, representing a transformational development in the Club’s financial position and creating a strong platform for long-term investment into cricket and infrastructure.
The proceeds have been strategically deployed to strengthen long-term financial sustainability, including significant debt reduction, targeted investment into capital projects, and the reinforcement of cash reserves. As a result, the Club has reduced its debt by 40% to just over £18million, materially improving its financial flexibility and future investment capacity.
Daniel Gidney, Chief Executive at Lancashire Cricket, said: “The completion of The Hundred transaction in 2025 represented a landmark moment for Lancashire Cricket and has created a significant opportunity for the Club moving forwards.
“Combined with the transformation of the Club’s core business over the past 14 years, Lancashire Cricket is now in a strong financial position which allows us to continue investing into cricketing infrastructure, facilities, player recruitment and the long-term future of the game across Lancashire.
“Everything we generate as a Club is reinvested back into cricket, whether that is supporting our professional teams, growing the women’s game, developing facilities or inspiring the next generation of players and supporters.”
Lancashire Cricket’s balance sheet is now in the strongest position in its history, with Assets less Current Liabilities totalling £73.2million.
The Club also delivered a successful programme of international cricket during 2025, including a five-day Test Match against India, a Women’s IT20 fixture against India, and a Men’s IT20 against South Africa, all of which made a significant contribution to revenue.
Off the field, the Club’s Conference, Events and Hotel business continued to deliver a strong commercial performance, generating £12.4million in revenue. As a key component of Lancashire Cricket’s diversified operating model, this business remains central to the Club’s ability to reinvest directly back into cricketing operations, facilities, pathways and long-term strategic development. During 2025, Lancashire Cricket also secured record commercial partnership revenues of over £3million per year, working with globally recognised brands including Emirates, Hilton and Heineken.
The year also marked the completion of the Farington development, further strengthening the Club’s infrastructure platform and supporting its long-term growth ambitions. Farington is a modern dual-purpose cricket facility combining professional-level infrastructure with meaningful community access. It will host elite men’s and women’s cricket, alongside local cricket clubs, youth participation programmes and recreational players.
The Club maintained a strong commitment to growing the game across Lancashire during 2025, continuing its investment into pathways, facilities and community participation programmes.
The Club continues to operate against a challenging cost backdrop, with operating expenditure increasing as a result of higher utilities, business rates and increases in the National Minimum Wage. However, Lancashire Cricket’s strengthened financial position ensures it is well placed to manage external pressures while continuing to invest strategically in its future.
Angela Lowes, Chief Financial Officer at Lancashire Cricket, said: “2025 has been a transformational year for Lancashire Cricket, both strategically and financially. The successful completion of the Manchester Originals transaction has significantly strengthened our balance sheet, reduced debt and provided greater financial flexibility to invest in the long-term future of the Club.
“Our core business remains robust, with strong performances across international cricket, domestic matchday revenues and our off-field commercial operations. The continued growth of our Conference and Events business remains particularly important, providing a sustainable and diversified revenue stream that supports reinvestment back into cricket.
“While we continue to navigate a challenging operating environment, Lancashire Cricket is in a strong financial position, with a resilient business model and a clear platform for sustainable long-term growth.”
Click below to read the Annual Report, which includes a detailed breakdown of the Club’s financial performance in 2025.
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