Thursday, December 12, 2024
spot_img

ACA to challenge CA on revenue nosedive

Date:

Share post:

spot_img
spot_img

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)

spot_img
spot_img

Related articles

Mamata Banerjee slams Union Cabinet over One Nation, One Election Bill

Kolkata, Dec 12: West Bengal Chief Minister Mamata Banerjee on Thursday slammed the Union Cabinet for clearing the...

PM Modi to launch Rs 7,000 crore projects in Prayagraj; inspect development work for Mahakumbh Mela

New Delhi, Dec 12" Prime Minister Narendra Modi is all set to visit Prayagraj on Friday to inspect...

Historic and exemplary, says PM Modi on Gukesh becoming youngest world chess champion

New Delhi, Dec 12: Indian Prime Minister Narendra Modi has termed Gukesh D. becoming the youngest world chess...

India’s maritime history was neglected for decades: Sarbananda Sonowal

New Delhi, Dec 12: Union Minister Sarbananda Sonowal on Thursday said that India's maritime history was neglected for...