Sport
Huge financial hit for MCC on membership revenue – The Age
The Melbourne Cricket Club is anticipating a membership revenue shortfall of more than $16 million as the body responsible for managing the MCG battles the coronavirus pandemic.
“Our revenue model is dramatically compromised as a result of the crisis and the revenue from managing the ground will not return in any significant form until crowds at games can return,” MCC president Michael Happell wrote to members this year.
A 30 per cent reduction in fees means a saving of about $200 for an adult member. The MCC has confirmed that the number of people seeking additional reductions due to hardship as a result of COVID-19 as well as the summers bushfires roughly equates to …
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