Cricket Australia rebuffs rival league, sticks by ICC

May 1, 2015

Melbourne, May 1: Cricket Australia (CA) chairman Wally Edwards on Friday stressed that its players earn as much money as proposed by a rival world cricket body, whose establishment is much speculated about in media, and committed his organisation to the ICC.

iccAs details continue to emerge of plans by the India-based Essel Group, founded and owned by billionaire businessman Subhash Chandra, to establish a new world cricket body in competition to the International Cricket Council (ICC), there have been reports of huge potential pay cheques for high-profile Australia players.

According to reports, current Test captain Michael Clarke and opener David Warner could receive offers in the vicinity of $50 million in return for signing a 10-year contract if the Essel venture is to go ahead.

Edwards indicated that as lofty as that figure appeared ($5 million per year), it was not significantly different to the current earnings of Australia's top players, believed to be around $4 million per annum.

"We are aware of the reports around a rebel league and they remain highly speculative, particularly given the proposed scale and complexity," Edwards said.

"Australian cricket has never been in better health. Record crowds, TV audiences, grassroot participation and commercial support continue to drive record revenue which means player payments have never been higher and will only increase."

Edwards added that Australian cricketers are the highest-paid athletes in their country.

"As it stands, Australia's cricketers are the highest-paid athletes of any team sport in the country and the earnings of our top-ranked players would already be close to the numbers referenced," he said.

"But our pay structure is broader than that. It's about supporting professional cricket at both international and domestic level. The success of international cricket directly subsidises the wages of state cricketers. Any proposed rebel league would jeopardise that."

"Most of Australian cricket's revenue is reinvested back into the sport, strengthening it for the 1.1 million players at grassroots level around the country," he added.

Come what may, Edwards said they will be committed to the ICC "to protect the interests of the game globally."

While other details of the rival entity and launch date have not been revealed, the architect of the hugely successful Indian Premier League (IPL) Lalit Modi has confirmed that he was involved in discussions about the proposal, but opted out of any direct involvement.

The IPL's founding commissioner, who was subsequently banned by the Board of Control for Cricket in India (BCCI), said he was involved in discussions with Essel over several months but pulled out because he did not believe the proposal was viable.

Modi had played a key role in the demise of Essel's erstwhile Indian Cricket League (ICL), which existed between 2007 and 2009.

In an interview to The Guardian, Modi described Essel's venture as "a foolish plan at the moment" but warned the ICC not to underestimate Chandra.

"I looked at the plan and discussed it. We had conversations for months but I usually don't touch something I cannot deliver, and this I cannot. It's not something you can just do and launch; it will take years and it won't happen overnight," Modi said.

"It is not putting a tournament together, it's about building the sport from the grassroots up. You have to understand Subhash Chandra as a man. If you do, you will know he goes after what he wants and he does not stop."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 31,2020

New Delhi, Mar 31: Australia batsman David Warner on Tuesday decided to shave off his head to show support towards all those people who are working relentlessly on the frontline in the battle against coronavirus.

After shaving off his head, Warner also challenged his Australian team-mate Steve Smith and India skipper Virat Kohli to do the same.

Warner, shared a time-lapse video on Instagram, of him shaving his head, and captioned the post as: "Been nominated to shave my head in support of those working on the frontline #Covid-19 here is a time-lapse. I think my debut was the last time I recall I've done this. Like it or not".

Due to the coronavirus pandemic, Australia's death toll stands at 19, as per the Sydney Morning Herald.

As of 8 am today, 4460 people across Australia have tested positive for COVID-19.

The World Health Organisation had termed coronavirus as a 'pandemic' on March 11.

Earlier in the day, Australia Test skipper Tim Paine also confirmed that the side's tour of Bangladesh is unlikely due to the virus spread.
"You don't have to be Einstein to realise (the Bangladesh tour) is probably unlikely to go ahead, particularly in June. Whether it's cancelled or pushed back, we're not quite sure at the moment," cricket.com.au quoted Paine as saying.

Currently, Australia has 296 points in the WTC from 10 matches, while India has 360 points from nine matches.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 24,2020

New Delhi, Apr 24: India's World Cup-winning former opener Gautam Gambhir performed the last rites of his deceased domestic help after her mortal remains could not be sent to her home in Odisha due to the coronavirus-forced national lockdown.

Gambhir, also a BJP Lok Sabha MP, posted a tribute on his Twitter page for his employee Saraswati Patra, who was working at his residence for the past six years.

"Taking care of my little one can never be domestic help. She was family. Performing her last rites was my duty," he tweeted.

"Always believed in dignity irrespective of caste, creed, religion or social status. Only way to create a better society. That's my idea of India! Om Shanti," said the 38-year-old Gambhir, who played 58 Tests for India between 2004 and 2016.

Media reports in Odisha said the 49-year-old Patra hailed from a village in Jajpur district.

She was admitted to Sir Ganga Ram Hospital a few days ago and was battling diabetes and high blood pressure for a long period. She breathed her last while undergoing treatment on April 21.

Union Minister of Petroleum and Steel Dharmendra Pradhan appreciated Gambhir.

"Taking care of Saraswati throughout the course of her illness, he also ensured her dignity in death by performing her last rites himself since her mortal remains could not be sent to her family back home in Odisha," Pradhan, who also belongs to Odisha, tweeted.

"His act of compassion will enliven the faith in humanity for millions of poor, who are working far from their home for livelihood and will garner respect from all folds of the society."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.