ECB Stares at Financial Loss, to Engage in Severe Cost-Cutting Measures: Report

The England and Wales Cricket Board (ECB) is set to engage in severe cost-cutting measures as it stares at a potential deficit of 182m pound.

  • PTI
  • Updated: August 6, 2020, 11:33 AM IST
ECB Stares at Financial Loss, to Engage in Severe Cost-Cutting Measures: Report

The England and Wales Cricket Board (ECB) is set to engage in severe cost-cutting measures as it stares at a potential deficit of 182m pound in the current financial year owing to the COVID-19 pandemic, according to a media report.

The ECB held a meeting with 18 first-class counties and the county boards on Wednesday, where it informed that it expects a minimum shortfall of 106m in the current fiscal.

"This figure assumes that the remaining men's international cricket – Pakistan's tour and a proposed six-match white-ball visit by Australia in September – will take place under the biosecure conditions in place so far this summer," 'The Guardian' reported.

"But there has also been a warning that the overall loss to the game could rise by a further 76m pound should any of these matches be cancelled or the ECB find itself unable to sell tickets for next year's visits by India, Pakistan and Sri Lanka," it added.

The report said commercial revenue and loss of income from participation programmes such as All Stars Cricket and Dynamos Cricket tops the list of the shortfall.

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"As well as the loss of ticket sales and high cost of putting on England's matches, which has included bringing touring teams over on charter flights and creating bubbles at the Ageas Bowl and Old Trafford, the deficit has been put down to the 12-month delay of the The Hundred, which was due to launch last month," it said.

The newspaper quoted a source as saying that the ECB could reduce its staff by up to 25 per cent. It had 379 employees before the COVID-19 pandemic struck the world.



Team Rankings

RankTeamPointsRating
1 Australia 3028 116
2 New Zealand 2406 115
3 India 3085 114
4 England 3882 105
5 Sri Lanka 2454 91
FULL Ranking
RankTeamPointsRating
1 England 5405 123
2 India 5819 119
3 New Zealand 3716 116
4 Australia 3941 109
5 South Africa 3345 108
FULL Ranking
RankTeamPointsRating
1 Australia 6047 275
2 England 5959 271
3 India 9319 266
4 Pakistan 6009 261
5 South Africa 4380 258
FULL Ranking
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