Due to various their economic power and the impact they have on how cricket is played globally, the ECB i.e. the England Cricket Board, the BCCI, and the Cricket Australia are together called the “Big 3” of international cricket.
The COVID-19 Pandemic has struck the BCCI and ECB. It shattered people around the globe and ripped them from any sort of sport. However, the two organisms, and in particular the BCCI, is relatively stable and will recover during cricket resumption. But, in this crisis, Cricket in Australia collapsed, and it was the biggest shock.
As per the financial statements, Australian Cricket amounted to USD 97 million in March in 2020. It was projected however by the time India visited Australia it would scale up to USD 100. Updated post-pandemic estimates, however, indicate that Australian Cricket may lose more than 20 million USD, rather than gaining any additional downturns over the upcoming weeks. Australian Cricket has decided to invest its own money in collapsing financial markets and lost a lot of money. It has been documented.
More about the Australian Cricket
The cricketing fraternity in the world has been greatly shocked by Australian Cricket. CA is one of the richest and most professional boards in the world. The lack of Australian Cricket puts the capacity of the smaller cricket boards to support these tough times. CEO Kevin Roberts announced that most of the nearly 200 staff are now standing still. The remaining workers will only work at 80% of their previous salaries. Roberts stated also that the Board would be revived by several other cost-cutting measures. This summer, when cricket happens, Australian Cricket intends to host India for a five-tested series.
You should think of keeping the series within locked doors. Perhaps most probably the Adelaide oval just on one level. The ICC T20 World Cup, still under clouds, might lead to a loss of “thousands of dollars”.
Australian Cricket has many questions to address
The T20 World Cup 2020 is likely to be traded for the T20 World Cup 2021. It is expected to take place in India. Instead, the World Cup this year can be delayed. It can move to 2022 and this year the IPL will be on. Australian Cricket has many questions to address, many of which are beyond reach. Since it relies on how well the pandemic will happen in the next few months.
The contract list of key players to be finalized by the Australian Cricket. It will happen by 30 April 2020 which seems to be in question. It will probably have to make salary cuts, and fringe players may be dropped from the deal. The big teams globally, however, would concentrate on small players living with county cricket as well as Big Bash Cricket. Fingers crossed because nobody wants a pay dispute between both the board as well as players. The West Indies Cricket did suffer considerable harm a few years ago.