Players welcome Cricket Australia financial 'reset'

SYDNEY - Cricket Australia has withdrawn a gloomy revenue forecast which led to the departure of chief executive Kevin Roberts last month and threatened an ugly standoff with the players’ union.

“Under this reset, CA has agreed to withdraw its June 2020 notices containing its revised revenue forecast, and in its place, roll over its ‘pre-coronavirus’ April 2019 forecast,” the union said it a statement on Monday. The knock-on effect of this drop on grants to the powerful state bodies and player salaries triggered major discontent in the game and resulted in the ousting of Roberts last month.

“The parties have agreed to postpone the Australian Cricket Revenue projection until such time they are better able to assess the financial impact of the pandemic and calculate a clear projection for the year ahead,” the governing body said.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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