England and Wales Cricket Board declares £16.1m loss as results of pandemic

Mitchell Starc celebrates dismissing Joe Root

England men fulfilled their international summer of six Tests, six ODIs and six Twenty20s against West Indies, Pakistan, Australia and Ireland

The England and Wales Cricket Board (ECB) has announced a loss of £16.1m in the past financial year as a result of the coronavirus pandemic.

The loss has been transferred to their reserves, which are now £2.2m, down from more than £70m in 2016.

The loss follows a £6.5m profit made in 2019.

Revenue fell by £21m to £207m with the postponed launch of The Hundred cited as one reason, alongside the cost of running bio-secure cricket.

Scott Smith, chief financial officer at the ECB, said: “This has been a challenging year, but by being able to stage international cricket and by taking decisive action early in the pandemic, we have been able to support the network and avoid a far worse financial scenario.

“There remains considerable uncertainty over the year ahead, but we hope that delivering another full summer of cricket – and with crowds…