Did the inaugural Hundred really return a £UK10m profit?
George Dobell.
Cricinfo.
Tuesday, 24 August 2021.PTG 3621-17886.
Sanjay Patel, the managing director of The Hundred, has claimed the inaugural tournament was on target to provide a “£UK10m [$A18.9m] surplus" into the wider game, however, it's difficult to see how that stacks up. On Monday, Patel indicated the projected revenue of the tournament to be around £UK50m ($A94.7m) against projected costs of £UK40m ($A75.8m).
The Hundred’s owners, the England and Wales Cricket Board (EWCB), do not, however, include the £UK1.3m ($A2.5m) payment made to each of the 18 counties and the Marylebone Cricket Club (MCC), or £UK24.7m ($A46.8m) a year in total, in return for their agreement to support the tournament as part of the event's profit and loss. If such a figure is included it would appear the series would have in fact made a loss of around £UK14m ($A25.5m).
The Hundred’s owners, the England and Wales Cricket Board (EWCB), do not, however, include the £UK1.3m ($A2.5m) payment made to each of the 18 counties and the Marylebone Cricket Club (MCC), or £UK24.7m ($A46.8m) a year in total, in return for their agreement to support the tournament as part of the event's profit and loss. If such a figure is included it would appear the series would have in fact made a loss of around £UK14m ($A25.5m).
EWCB chief executive Tom Harrison told a UK Parliament’s Department for Culture, Media and Sport (DCMS) inquiry last year ahead of the later postponed 2020 launch of the series: "We can be completely upfront and say the budget [for the Hundred] is £UK40m, and the [revenue] this year will be £UK51m (PTG 3459-17148, 25 March 2021). That equates to a profit of £UK11m ($A20.8m).
The revenue for The Hundred's first season was indeed expected to total £UK51.1m ($A96.7m): a combination of UK broadcasting international broadcasting revenue of £UK36.5m ($A69.1m) and £UK4m ($A7.6m) respectively, plus sponsorship of another £UK4m, tickets at £UK6.5m ($A12.3m) and some from merchandising.
The revenue for The Hundred's first season was indeed expected to total £UK51.1m ($A96.7m): a combination of UK broadcasting international broadcasting revenue of £UK36.5m ($A69.1m) and £UK4m ($A7.6m) respectively, plus sponsorship of another £UK4m, tickets at £UK6.5m ($A12.3m) and some from merchandising.
Harrison insists the payments to the counties and the MCC should be seen as a dividend not a cost. They are not negotiable; they are not moveable; and they are paid ahead of the tournament regardless of other income. He told the DCMS inquiry: "The £UK1.3m every year to each county is a dividend and not part of the [profit and loss] of the tournament. It's is not linked to [that]”.
One county boss, who did not want to be named, estimated the actual figure for the first year should include another £UK15m ($A28.4m) to account for set-up costs - such as employing more people in the EWCB's offices and the extensive usage of consultants and focus groups. That would take the overall expenditure to somewhere around £UK78.6m ($A148.8m).
GONE SAILING DOWN THE RIVER - TRENT
Southern Brave were the pre-tournament billed favourites so, it was back on script again for the final.
Clearly some people have enjoyed the Hundred and perhaps the garish colours and nonstop sensory input has attracted new people to the game that wouldn't have necessarily found the game before. However, I'm told by people who've been to Trent Bridge and witnessed Trent Rockets, that the cricket is secondary at best to the other fluff that is going on at the same time. The matchday events are all about music and audience participation; is this what the youngsters are lapping up with their complimentary tickets? Colin Hazelden on speed!
PUBLIC ANNOUNCEMENT WARNING!
Colin H as already promised that he's going to add "phone torch" to his Blast antics.
Assault on the senses
Do young people really only have an attention span of 100 seconds before needing another sensory stimuli? I would say not but that is what they are getting at the Hundred!
Has the Hundred been a success?
The ECB and their puppet hosts will of course laud it up - their press releases were probably written before a single ball was bowled. The TV media will also lavish praise on the competition as they have vested interests to do so.
Financial losses to host counties will probably be hidden from accounts citing that the ECB is funding this and that - strip out the TV money and the tournament could never be viable in its first, second or third years, so how can you measure success?
Getting some cricket back on the BBC has to be a good thing, even if it is in such a bastardized form. It will have raised awareness of cricket with the general public in the first couple of weeks whilst the Test players with their media-familiar names were taking part, but less so since I suspect.
I have been reliably informed that media and ECB spin about about attendances at Hundred games is largely just that - spin, exaggerations and fabrication - we've all seen the gaps at stadia on our TV screens in any case. Games haven't been sold out at all, huge swathes of tickets are available free of charge with many of the beneficiaries being local cricket clubs - lucky young Trentlanders eh! They obviously aren't that interested - as some seats remain empty. If bums on seats isn't a clear cut success, what are the results of the millions spent on the Hundred's promotion?
Maybe a few more people gave the programme a chance when it appeared on free to air BBC before switching over. Perhaps some watched it through wondering if Michael McIntyre would appear at some point or if there would be a sudden end with the EastEnders' duff-duff, for you to tune in on Thursday to find out what the next twist in fate was, except the next episode was only on Sky - so you couldn't get hooked if you had a mind to. I hope some saw that there was a game of cricket going on and that they liked the cricket that they saw. For those in the audience, I'm sorry to tell you that the season has ended now and there won't be another episode until summer 2022 - they'll have to put on repeats so you don't forget who the main characters are; but wait, next season they've already promised a new improved International cast; with new evil Aussie villains to bring down the Brave Brits, probably!
Sorry Vince.
Yes the pre-tournament favourites predictably won in the Final, so the script writers need to do some work on their plots for next year otherwise it isn't going to replace Line of Duty in the drama and suspense department. I'm sure "Vince" should have been cast as an EastEnd baddy anyway, with a name like that!
The Hundred Final was actually shown on BBC 2 last night, whilst Ironman 3 was on BBC1 - which got the most viewers, that would give a perspective of what viewers find entertaining on a Saturday night? 5.1 K were watching it on Sky Cricket on Youtube - I've seen a higher figure for live streaming of some county games on occasion. This was supposed to be a national event - it really wasn't inspite of the spin.
If they, the ECB are being genuine and the Hundred's objective is getting more people playing and participating in cricket, then the only measure of success must be if more people are joining cricket clubs in say five to ten years' time?
ECB investment
Should your local cricket club need to prepare now? Does there need to be more clubs in readiness for the influx of new players? Will they need to start clearing green belt for new cricket clubs as the previous grounds have all been sold and seen housing developed on them, as their clubs folded? Where are the Trent Mini-Rockets going to play? Once the Counties have dwindled, where are the elite Mini Rocketteers or Origin-inals going to improve and hone there skills ready for The Hundred 2035 draft, or will there be no limit on imported cast members by then?
Really in all seriousness, couldn't any of the positives resulting from the Hundred have been achieved by a rebrand, some proper marketting and a little reorganisation of the T20 Blast, but with none of the negative impact on the County structure?
Can we now get our Outlaws back, get their minds back on the serious task on Wednesday that won't be a exhibition game unlike the last 8/9 games they're participated in and will not be scripted.
A lot of justifiable hurt and great points, thanks.
ReplyDeleteI watched 5 minutes of one match and saw 3 idiotic looking men, was one Michael Vaughan ? , jumping around stupidly with false grins on their faces.
Why ?
because of a single off the edge to third man.
They are all on the gravy train Rich, Vaughan&Tuffers for the Beeb and KP, Darren Sammy and Daggers on dish tv they're not going to shoot themselves in foot when contracts are there for the taking. As stated above investment on improving the existing T20 Blast for the 18 county model system would ideally be what I suspect 90% of county cricket followers would have preferred. But let's also be realistic whilst it's a plain cold fact the the Hundred has downgraded the RLODC, the county championship programme would/will be reduced anyway. The ECB had already mooted this way before the Hundred, so some things it just cannot be blamed for entirely. It will be interesting to see in future years, assuming our beloved DoC, has no involvement in the player draft now the competition has started just how many Notts Outlaws players will be picked by the Trent Rockets coach. Everyone knows this was skilfully manipulated with the original draft so the team resembled a sort of half of the Notts Outlaws team for which a home crowd will obviously have more affinity with and get behind. Although they're good players how many of the Notts supporters would really want to pay to watch Darcy Short, Dawid Malan, Marchant de Lange or Sam Cook if say Hales, Patel and Carter were playing for another Franchise. Princess Lisa knew just how unpopular it was with the Notts faithful and attempted to increase interest in the Trent Rockets. This may not be possible in future tournaments.Its almost impossible to say whether it's been a total success. On the face of it, it has. Stadia 75% full games played Sunday to Saturday throughout and in midweek. It has obviously brought tv money in and sponsorship which is also a good thing and probably badly needed. But, just how many freebies were given away ? From looking around all the crowds a lot more than the 4% dear old Harry Gurney implied I would suggest. The same with the merchandise. It may all have gone but who actually bought all the replica shirts and cricket caps. Would people who had never gone to a cricket match before then suddenly shell out for 2 Childs shirts and 2 caps as part of the night's entertainment. I don't really think so. Like it or not one thing is for certain, we will ALL be scrutinising our fixture lists with some trepidation when they are finalised around December.
ReplyDeleteYes, indeed the big and much, much more important game is the qtr. final on Wednesday. I don't think even one single Notts supporter would ever argue differently( and if they did, they need a lethal injection)
ReplyDeleteAre there still people that believe what they're told in the media / TV? A harsh treatment for those with some form mental disability, I would suggest!
DeleteOne prediction has already come true,it’s not the last word on the 100!!
ReplyDeleteIn the words of the late, great Phil Lynott
ReplyDeleteDon't believe a word
'Cause words can tell lies
And lies are no comfort
When there's tears in your eyes
The Hundred will mean the end of county cricket, probably one of main objectives for the ECB in it's introduction, and also hasten the death of test cricket. No wonder it has caused so much anger for County members.
ReplyDeleteRandom (last!) thought on the "100"
ReplyDeleteIf Notts had lost in a semi-final i would have been an unhappy Outlaw, Trent Rockets lose and it mattered not a jot, Which says it all about this made up team, They are not and never will be my team!
True
DeleteYes, agree 100% Zanga, at the end of the day who cares who got to final. absolutely spot on. HBD must be a Thin Lizzy fan ?(surely one of the finest bands of all time) so with Halo, Ducky, Joe Clarke, Junior Goob, Samit,Mull and Moores back the boys are certainly back in town and let's hope we are all Dancing in the Moonlight and Vince's boys don't perform their 3rd Jailbreak on us in T20 qtr finals at the Home of Cricket.
DeleteThe club have played in Dublin I reckon 3 times. Did anyone have their pic taken with the Phil Lynott statue ? We did .
ReplyDeletesláinte
ReplyDelete"You can't hide your lyin' eyes,
ReplyDeleteAnd your smile is a thin disguise."
ECB