As a result, more than one million visitors are expected to visit the ground over the course of 61 days of cricket 2020-24, of which the direct economic benefit to Manchester is estimated to be worth more than £83m.
The need for a reasonable geographical spread hurt the Ageas Bowl's longstanding ambition to stage an Ashes Test in 2023, Edgbaston, Headingley...
Headingley, Edgbaston and Old Trafford will instead host the Ashes tourists in successive trips - having already been granted Tests in 2019 - as well as Lord's and The Oval.
All five venues for the 2023 series are the same as next year with England looking to regain the urn after tasting defeat down under earlier this winter.
Britain blames Russian Federation for NotPetya 'ransomware' cyber attack
Subsequently, experts found differences from the Petya ransomware sufficiently striking to brand the new malware NotPetya. The malware initially infected organizations via a compromised update from Ukraine accounting software provider MEDoc.
Not only will the prospect of two Test matches with Australia help the club to clear its historic debts, but these two matches - and a raft of other global and T20 matches secured by Headingley - will be genuine money-spinners for the wider Yorkshire economy.
The Ageas Bowl, the Swalec Stadium, Edgbaston, Headingley, the Oval, Lord's, Old Trafford and Trent Bridge were announced as the venues "around which new partnerships would be formed and new teams created".
The new tournament will see eight city-based franchises compete for the title across a 38-day period, with the top four teams progressing to the play-offs, mirroring the format used in the Big Bash League in Australia and the Indian Premier League.
Mr Hodgkiss said: "We are absolutely delighted to have been awarded this comprehensive package of global matches from 2020-2024 which includes an Ashes Test and a further 56 days of top level cricket, plus being named as a host for the New T20 competition".