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ACC revises financial distribution model to help Afghanistan

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Last updated on 07 Feb 2023 | 07:52 AM
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ACC revises financial distribution model to help Afghanistan

The move meant the likes of India, Pakistan, Bangladesh, and Sri Lanka will take reduced share from the Asia Cup

The Asian Cricket Council (ACC) has made a revision to its financial distribution model in order to help Afghanistan secure a bigger chunk of the earnings from the Asia Cup. Even though Afghanistan is a full-member nation of the International Cricket Council, the provision of the ACC allowed them only 6% of the earnings, but from now onwards, they would be securing 15% of the earnings. The move meant the likes of India, Pakistan, Bangladesh, and Sri Lanka will take reduced share from the event.

"The increase in our ACC funding will greatly benefit the technical as well as the administrative aspects of Afghanistan Cricket," Mirwais Ashraf, the Afghanistan Cricket Board (ACB) chairman told ESPNcricinfo. "We are grateful for the support of the ACC and its member countries, and look forward to utilizing these resources for taking Afghan cricket forward.

"This is a major move in our favour, and we are confident that this increased funding will contribute significantly to the continued growth and success of this game in our country."

Since Taliban’s takeover of Afghanistan, the ACB has gone into a deep financial crisis mode and reports suggested that they haven’t been able to pay full salaries to their employees for two months. 

For now, the International Cricket Council pays Afghanistan's operational costs, right from their share of ICC funds, but with the absence of bilateral cricket, they have failed to make inroads in the last few months. Recently, Cricket Australia canceled their three-match T20 series against them before Pakistan made themselves available to cut Afghanistan’s losses.

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