Source: Radio New Zealand
123RF
New Zealand Cricket says a $2.2 million surplus for the financial year, turning around a forecasted $6.8m deficit, shows it’s in a strong financial position.
Board chairperson Diana Puketapu-Lyndon said the organisation had a strong bottom line, with reserves at a record $37m, supported by strong broadcasting agreements, high-value playing programmes, and a solid commercial base.
The 2025 result follows an $8m surplus in 2024 and Puketapu-Lyndon said the position underlines NZ Cricket’s stability and resilience.
“A small net surplus represents a significant outperformance against budget, reflecting prudent management and disciplined oversight – through what was a challenging operating environment.
“… [It] should provide confidence in its ability to continue investing in the game’s long-term growth and sustainability.”
Puketapu-Lyndon acknowledged the role of its members in contributing to a cricket ecosystem well-placed to adjust and adapt to future needs.
“Cricket here has never been a one-size-fits-all affair and NZC places great value in the ability of our major and district associations, and clubs to understand what works best in their regions and catchments.
“We’re committed to working closely with them to ensure they’re well equipped to service the grassroots environment upon which our entire game is based.”
Meanwhile, former New Zealand Test player, coach and selector Mark Greatbatch has been elected president of New Zealand Cricket.
Greatbatch, who played 41 Tests and 84 One Day Internationals for his country between 1988 and 1996, replaces Lesley Murdoch, who completed her three-year term.
On the board, Sarah Beaman rotated off at the end of her three-year term and opted against re-standing. Kevin Malloy rotated off and was re-elected for a third term.
The meeting elected three life members: former Test players Rebecca Rolls, Martin Snedden, and Ewen Chatfield.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
