Cricket-Cricket Australia losses lower than expected, bumper paydays ahead

FILE PHOTO: Cricket - Third Test - Australia v South Africa - Sydney Cricket Ground, Sydney, Australia - January 8, 2023 Australia's Travis Head signs autographs for fans, while fielding on the boundary during the match REUTERS/Jaimi Joy/File Photo

SYDNEY (Reuters) - Cricket Australia announced a net deficit of A$31.9 million ($21.34m) for the 2023-4 financial year on Thursday, results that were better than expected at a low-point in the game's four-year cycle.

With a lucrative five-test home series against India starting in November and an Ashes series on home soil next year, the governing body can expect a big boost to revenue over the next 18 months.