Kent Cricket progresses package of financial measures
Kent Cricket progresses package of financial measures

The Kent Cricket COVID-19 Task Force is continuing to meet daily via online video conferencing.

The two clear priorities for the Club’s leadership remain the same since the threat from COVID-19 first appeared:

  1. The health and well-being of all our stakeholders; and
  2. The Club’s financial sustainability through the short-term financial challenges posed by the outbreak.

The Club has confirmed a number of financial measures which are designed to help the Club navigate its way through this difficult period:

  • Constant dialogue and collaboration with the ECB over possible structures of the game for 2020 and financial solutions;
  • Actively discussing the terms of our loan with our principle lender, Canterbury City Council;
  • Assessing the Club’s ability to access the recently announced Government finance schemes;
  • Ceasing all non-contractual capital expenditure;
  • Minimising all on-going expenditure to the lowest level possible
  • The Executive Directors voluntarily agreeing to take a temporary 20% pay cut.

Kent Cricket’s Chief Executive, Simon Storey, said: “The Club’s COVID-19 Task Force are fully versed on the financial status of the Club.

“We are pursuing all options vigorously and risk mitigation measures are already being identified and, where appropriate, being put in place.

“We are working closely with the ECB and our fellow FCCs to ensure that a game-wide plan is in place to cover the various scenarios, be that a shortened season or no season at all.

“We believe that everyone in the cricket family across the UK is approaching this crisis with a desire to act in the best interests of the game’s stakeholders, at all levels.

“The situation continues to move extremely rapidly and although we face an incredibly difficult and complex set of challenges, we remain optimistic that with support of our key partners and stakeholders, we can navigate a route through this crisis.”