Monday, April 21, 2025

ACA to challenge CA on revenue nosedive

Date:

Share post:

Melbourne: Australia Cricketers’ Association (ACA) is set to go at loggerheads with Cricket Australia (CA) once again after revised revenue projections was shared recently.
According to the Sydney Morning Herald, the players are set to dismiss CA’s new projection i.e. 50 percent of what they were expecting before coronavirus put everything to a standstill.
It was earlier reported that CA was projecting 407 million Australian dollars in revenue but it has come down to 200 million dollars in the new projection and it would see players taking a 56 million dollars hit in wages.
CA chief Kevin Roberts had last week said they are facing an 80 million dollars hit because of the ongoing coronavirus crisis. 50 million in loss of revenue due to no spectators in the stadiums, 20 million from not hosting T20 World Cup and 10 million in biosecurity costs.The report also stated ACA believes the series against India later this year is expected to fill up CA’s coffers considerably, which isn’t showing up in their new projection. The four Tests of the series will be played at Gabba, Adelaide Oval, MCG and the SCG respectively, starting December 3, and it is expected to generate around 300 million dollars. (IANS)

Related articles

Pope Francis leaves world and faithful in times of conflict

Rome, April 21: "Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy...

Sensex jumps 855 points, Nifty ends above 24,100; banks, IT lead rally

Mumbai, April 21: The Indian stock market continued its strong rally for the fifth day in a row...

Gold hits new record high of Rs 96,805, may touch Rs 1 lakh mark soon

New Delhi, April 21: Gold prices in India touched a new record high of Rs 96,805 per 10...

Manipur Police arrest 8 militants, rescue three women

Imphal, April 21: Manipur Police arrested eight more militants belonging to Kangleipak Communist Party(People’s War Group) and rescued...