SUSSEX today reported a record loss of £193,070 despite a big increase in its handout from the ECB.

Chairman Don Trangmar admitted the county's financial performance last year was "less than satisfactory," but believes they can return a profit in 1999.

The main increases in expenditure came in administrative costs, which rose £137,000 to £469,974, and youth development in which Sussex invested £278,511, an increase of £105,000.

Players' wages rose by £51,000 to £1,143,225 after the recruitment of skipper Chris Adams, who is the highest paid county cricketer, and Australian Michael Bevan, while marketing costs rose £58,000.

Six players were released last season, but Executive Tony Pigott has not ruled out further cuts in the playing staff.

He warned: "We have reduced our staff and are likely to do so further in the future. We are determined to have quality on the playing side and our concentration on the development of our young players will help towards that aim."

Sussex's share of the ECB pool from Test match receipts went up 12 per cent to a record £1,152,360 while subscriptions, match receipts, commercial revenue and income from coaching all increased.

Trangmar, who took over from Robin Marlar at the end of last season, said steps had been taken to ensure the club managed its resources better this year.

"Hopefully this will produce a far better outcome in terms of income and expenditure and, dare I say, profit," he said.

"The club has continued to put great emphasis on its youth development work and this is one area where increased expenditure is acceptable."

Sussex believe new marketing initiatives, including the erection of permanent floodlights, will help increase income. Five money-spinning day-night fixtures are planned for this season, including a one-day match between England and Australia's under-19s.

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