CSA reports another year of profit for 2024/25, but it is still a fair way short of the R815 million from last year.
CSA reports profits of R238 million for 2024-25 fiscal year.
Cricket At their AGM on Saturday, South Africa announced that they had turned a profit for the second consecutive fiscal year following three years of losses. After a season in which their only lucrative incoming tour was four Twenty20 Internationals against India, they declared a profit of R238 million (roughly US$13.7 million), which was much less than the R815 million from the previous year (roughly US$45.6 million).
Aside from hosting the normally losing series against Pakistan and Sri Lanka last summer, CSA also made money with the arrival of seven new sponsors, television revenue, and ICC disbursements.
They also claimed that South African cricket had grown in popularity, with one billion people watching matches across 107 countries, bringing in CSA R707 million (about US$40 million). Their remaining revenue came from R125 million in sponsorships (about US$7.2 million) and R378 million in ICC distributions (around US$21 million). The SA20’s revenue was not broken down in this year’s report.
Their largest outlay was R1.3 billion (about US$75 million) for the operation of professional cricket, which included player pay, match hosting, and facility maintenance. According to its integrated report, CSA’s R1.42 billion (about US$82 million) in reserves will “provide a stable foundation for the future.”
Details on the nation’s stadiums, which are undergoing renovations in preparation for the 2027 World Cup, were also included in the report. New high-definition LED floodlights at SuperSport Park and The Wanderers, as well as updated seats and a new scoreboard at George’s Park, are some of the more noteworthy recent additions.
Drop-in pitches are also still in development around the country. “The upcoming 2027 ICC Men’s Cricket World Cup represents an extraordinary opportunity to showcase the best of South African cricket. Preparations are already well underway,” Pearl Maphoshe, chairperson of the board of directors, said in a statement. “This tournament must be more than a sporting event. We are focused on ensuring it leaves a meaningful legacy through infrastructure improvements, youth development, environmental accountability and shared national pride.”