ECB could lose over 300 million pounds if no cricket takes place – cricket

The England and Wales Cricket Board (ECB) stands to lose over 300 million pounds if no cricket is performed within the upcoming season within the wake of the COVID-19 pandemic, its chief government Tom Harrison has stated.

In one other improvement, England’s centrally contracted gamers seem to have stated no to the ECB’s provide of taking a 20 p.c pay reduce as a part of board’s plans to fight the monetary challenges arising out of the pandemic, reported ESPNcricinfo.

The ECB on Tuesday introduced a 61 million assist bundle to deal with the continuing disaster.

In a letter of Professional Cricketers’ Association chief Tony Irish, Harrison expressed his considerations on the lengthy-time period affect of the pandemic.

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“The pandemic is biggest challenge the sport has faced in the modern era although the full extent and impact of the pandemic on cricket is as yet unknown, it is already clear that it will be extremely significant,” wrote Harrison.

With its reserves taking place to 11 million pounds in 2018-19 from 73 million pounds in 2015-16, a cricket-less season could make a extreme affect on ECB’s stability sheet.

“We can only estimate the total financial impact on the game, which will not be clear for some time, but by way of offering an indication of the potential scale of the loss to the game, losing an entire cricket season – which is not an outlandish scenario – will cost cricket in England and Wales well in excess of £300m,” Harrison wrote.

“Our absolute priority in the face of this challenge is firstly, to ensure the public safety of our people – our staff, players and colleagues around the game, but secondly, that the cricket network remains intact, and emerges from this crisis in a state to resume our trajectory towards a bright future.”In the letter to Irish, Harrison claimed he himself might be taking a 25 p.c pay reduce for at the very least the following three months.Harrison is anticipating the centrally contract gamers to take a pay reduce in “these circumstances”.

“Whilst the well being of the nation is underneath menace, the way forward for our sport relies on each single one in every of us sharing the load proper now.

“In gentle of this, I’m encouraging the PCA and all skilled gamers to assist the suggestions the primary-class counties current to you subsequent week, which can very nicely suggest a 20% discount in salaries for April and May, with a view to revisiting this on a month-to-month foundation till we now have navigated by way of the disaster.

“I’m hopeful that our gamers are capable of contribute in rising to this unprecedented problem. If we will all pull our weight in working collectively and are available by way of this, then we won’t solely reinforce the actually inspiring spirit of the cricket household, however we’ll safeguard the way forward for our sport and the livelihoods of everybody who works inside it,” added the chief government.

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