I reckon they're bending the truth more than a wee bit about the number of tickets "sold" - counting freebies taken up as part of that 350k.
The £50 million revenue might be right like. The TV deals with Sky and the Beeb are probably worth a quid or two. And with international talent not taking part, the expected costs of wages into players hands has likely dropped a fair bit, lending itself to a decent profit. £10m doesn't seem out of the question. Semantics, mind. Be nice to see someone digging a bit deeper into those claims.
I think they’ll have excluded the £1.3m county bribes from those profit claims, so it’ll be a rosy slant on it I reckon.
Not that making a loss initially is unusual for such a thing, it takes investment to build them up.