CA withdraws contentious projection of financial losses from coronavirus pandemic

back icon
safari
04 Jul 2020 | 08:12 AM
author
AFP

CA withdraws contentious projection of financial losses from coronavirus pandemic

"Today's agreement is a significant step forward in cricket's response to the challenges presented by the COVID-19 pandemic," CA said in a statement

heart

Share

A potential pay dispute between Cricket Australia (CA) and players was averted Saturday after the governing body withdrew a contentious projection of financial losses from the coronavirus pandemic. The decision to "reset" negotiations follows the resignation last month of CA chief executive Kevin Roberts, with his interim replacement Nick Hockley vowing to repair relations between the two sides.

The body in June forecast revenues would fall by nearly 50 percent in the 2020-21 financial year despite the pandemic hitting in the off-season and India's lucrative Test tour this year still set to go ahead. Australian players, both men and women, operate under a revenue-sharing arrangement and faced a significant knock-on effect in the amount of money distributed to their payment pool, which is a fixed percentage.

The Australian Cricketers Association (ACA), which represents players, rejected the forecasts as hasty and issued the governing body with a notice of dispute, which could have led to a court standoff. But CA on Saturday agreed to postpone its projections until it had a clearer idea of the financial impact of the pandemic. In turn, the ACA withdraw its notice of dispute.

"Today's agreement is a significant step forward in cricket's response to the challenges presented by the COVID-19 pandemic and should provide our stakeholders with renewed clarity and confidence about the summer ahead," CA said in a statement.

"Calculating revenue projections 12 months ahead during a once-in-a-century pandemic has not been without its challenges, but we believe we have arrived at a position that provides all parties with greater certainty about how to navigate the next year."

ACA chief executive Alistair Nicholson said the "'reset' is both welcome and sensible".

The move is seen as a common-sense approach from both sides, given the picture for the cricketing summer ahead remains unclear. So far, only two tours involving Australia have been impacted by coronavirus -- a two-Test tour of Bangladesh and a limited overs visit from Zimbabwe that have both been cancelled. There is also doubt over whether Australia will be able to host the Twenty20 World Cup in October and November, but its four-Test series against India scheduled to start in December is still expected to go ahead.

Officials also remain hopeful of having crowds for the popular T20 Big Bash League.

heart
shareGray Share
Tags
AustraliaCricket AustraliaCOVID-19

Related Articles

safari
NEWS
Indian women's tour of Australia postponed to next season: CA
The team was scheduled to play three ODIs on January 22 in Canberra, January 25 in Melbourne and January 28 in Hobart
userPTI
31 Dec 2020
safari
NEWS
Hockley thanks BCCI for their help in conducting India-Australia series
Hockley also expressed gratitude towards the Channel 7 staff, who are continuing to do their job despite the ongoing legal battle
userPTI
02 Dec 2020
safari
NEWS
CA CEO resigns, Nick Hockley named interim chief
The outgoing Kevin Roberts was never a popular figure after spearheading CA's failed move in 2017 to cut player payments
userAFP
16 Jun 2020
safari
NEWS
ACA to challenge CA's negative revenue forecast for next 2 summers
The two bodies again stand on collision course barely three years after settling a pay dispute
userPTI
05 Jun 2020
safari
NEWS
CA says "very high risk" of T20 WC being postponed, bracing up for losses
The ICC has deferred a decision on the event till June 10, saying it wants to continue exploring contingency plans for some more time
userPTI
29 May 2020
safari
NEWS
On scale of 10, chance of India touring Australia is 9, says CA CEO Roberts
But before that, the CA would wait and watch how the Pakistan and the West Indies tours of England pan out in terms of health safety measures
userPTI
22 May 2020
safari
NEWS
ACA slams Cricket Australia's 'disastrous slash and burn approach'
He cautioned CA against its current approach which, according to Dyer, will have disastrous long-term consequences
userPTI
19 May 2020
safari
NEWS
Players association questions Cricket Australia's financial warnings, backs staff after pay cuts
On April 16, CA had announced that it would be standing down its majority of staff from April 27 until the end of the financial year due to the pandemic
userPTI
07 May 2020
safari
NEWS
Cricket Australia considering five-match Test series against India
CA is also discussing hosting the T20 World Cup without any fans
userPTI
21 Apr 2020
safari
NEWS
COVID-19 impact: Cricket Australia lays off staff till June end
Employees have been laid off for a period of two-and-a-half months during which it is impossible to have any sporting activity with no chance of normalcy around the corner
userPTI
16 Apr 2020
logo
Cricket like never before
Follow us on
FacebookTwitterLinkedin
@ 2020 cricket.com | All rights reserved