India deserves lion's share of ICC revenue: Cricket Australia

February 1, 2014

ICC_revenueMelbourne, Feb 1: Cricket Australia Chairman Wally Edwards has come out in strong support of the BCCI receiving a lion's share of world cricket revenue, saying that India deserves a fair compensation for contributing 80 per cent of the revenue by "hiring out" its team.

Talking about the new revenue distribution model in the controversial ICC revamp plan that would see the BCCI receiving the lion's share, Edwards said people should understand that India will get just 20 per cent of ICC revenue despite contributing 80 per cent of it.

"I think what we have negotiated is more than fair. They (India) are contributing towards 80 per cent of the money and they're taking about 20 per cent for hiring their team for the ICC. They are hiring their team out and people need to understand that is worthy of compensation," he said.

"The reality is everybody -- 106 nations -- gets more money in the new deal. Nobody is going backwards assuming we get the right number when we go to tender, and guess what, if it ends up the same number we've had for the last eight years, India don't get any more money than anyone else. It's not as if we have deserted the rest of them. We want world cricket to thrive, not go backwards," he was quoted as saying in the 'Sydney Morning Herald'.

Edwards describes the controversial governance revamp of the ICC proposed by India, England and Australia -- which has also got the backing of the CA Board of Directors -- as "critical for the future of the game".

"These reforms are absolutely critical for the future of the game and I don't just mean Test cricket. We have to get to a point where everybody wants to be part of this and see the game improve. My focus has always been the game, not the money," he said.

"Change is very important. I have worked very hard to make sure we have protected a lot of important things and if people just concentrate on the fact that India get more of the money and Australia gets marginally more than South Africa, and South Africa gets marginally more than Pakistan and New Zealand gets a bit more than Zimbabwe, then so be it," he added.

The newspaper report also said that CA played the role of a broker in trying to heal the rift between India and South Africa which is opposing the ICC revamp plan.

Australia, which is about to embark on a three-Test series against the number one Proteas, have opened talks with Cricket South Africa about tours beyond the next five years, the report said.

It also talked about the scope for an 11th country to play Test cricket, with the winner of the Intercontinental Cup between the top eight Associates possibly playing the lowest-ranked Test country for the right to play Tests.

Meanwhile, a write-up in 'The Australian' mocked at the controversial revamp plan of the ICC proposed by the 'Big Three', saying the the world body should now be re-named IAWS (I Agree With Srini).

"Farewell, then, International Cricket Council, we hardly knew you. And we can hardly claim to mourn when we spent most of our time undermining, flouting and bitching about you. For the new experimental trilateralism that will succeed the old trainwreck multilateralism, a new name is surely necessary," the write-up said.

"Perhaps IAWS: I Agree With Srini. Because there's surely going to be an ongoing competition about who can say that in meetings first."

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News Network
January 10,2020

Jan 10: Australian cricketer Shane Warne’s prized 'baggy green' cap raised more than A$1 million ($686,000) on Friday for bushfire relief efforts after the former leg-spinner donated it for auction.

Twenty-seven people have been killed and thousands made homeless in recent months as huge fires scorched through more than 25.5 million acres of land, an area the size of South Korea.

The baggy green is presented to Australian players when they make their Test debut and they receive just one for their entire career. The Aussie cricketer donated the cap to an online auction site on Monday. The auction closed at 10 a.m. on Friday (2300 GMT Thursday) with a final public bid of A$1,007,500.

"Unbelievable … so generous from everyone. Totally blown away," Warne said on Twitter shortly before the auction closed.

The auction attracted global interest and the price eclipsed the A$425,000 achieved by the late Don Bradman's baggy green when it was sold in 2003.

"We have been overwhelmed and it is a fantastic result," Marc Cheah, head of marketing for auctioneers Pickles, said.

"Other baggy greens have been auctioned and Don Bradman’s got $425,000 about 15 years ago, but the Don is the Don. He’s the greatest cricketer that ever lived," Cheah said in relation to the widely held recognition Bradman was the best batsman the game has produced.

"But Shane is also right up there and that drove a lot of traffic and momentum, while the cause is also very worthwhile."

Warne, 50, is one of many local and international athletes to support the fundraising for bushfire victims with several cricketers promising to donate a sum based on the number of sixes they hit in Australia’s Big Bash Twenty20 competition.

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Agencies
April 25,2020

London, Apr 25: Former Australian cricketer Graeme Watson who was fighting cancer, has died at the age of 75.

Primarily a middle-order batsman and a medium-pace bowler, he featured in five Tests from 1967 to 1972 and two ODIs in 1972, ESPNcricinfo reported.

The all-rounder earned the national call during the 1966-67 tour of Rhodesia and South Africa. Watson slammed a half-century in the first innings of the second Test of the series.

However, the medium-pace bowler was ruled of the next test after suffering an ankle injury. He returned for the fourth Test in Johannesburg where scalped his career-best 2 for 67 but failed to leave a mark with the bat as Kangaroos lost the series.

In 1971-72 he moved to Western Australia and played a major role in their Sheffield-Shield win in 1971-72, 1972-73, and 1974-75 seasons.

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Agencies
April 2,2020

Lausanne, Apr 2: The postponement of the Tokyo Olympics and the shutdown of the sporting calendar because of the coronavirus pandemic are going to hit international sports federations hard financially.

Many sports that are part of the Games depend heavily on the payouts every four years from the International Olympic Committee (IOC).

"The situation is tense and very gloomy. An assessment will be made, but clearly some posts are under threat," said an official of a major international federation.

The 28 international federations (IF) of the sports that were due to be present at the Tokyo Olympics, would have received substantial sums from the IOC.

However, the postponement of the Games until 2021 could lead to a freeze of their payment.

"We have a lot of IF with substantial reserves, but others work on a different business model, they have income from major events which are suspended, which can be a problem for the cashflow if they don't have enough reserves," said Andrew Ryan, director general of the Association of International Olympic Summer Sports Federations (ASOIF), which is responsible for distributing this money.

The five additions to the Tokyo Games programme - karate, surfing, skateboarding, climbing and baseball/softball - are not eligible.

The Olympic payout totalled 520 million after the Rio Games, four years ago.

"The Olympic money could be less than for Rio 2016," Ryan warned before adding: "My advice is to budget the same as in Rio".

The federations receive money on a sliding scale determined by their audience and size.

The three largest (athletics, swimming and gymnastics) can expect approximately 40 million.

For the second tier, made up of cycling, basketball, volleyball, football and tennis, the sum is 25 million.

For group three, which contains eight sports, including boxing, rowing, judo and table tennis, it is 17 million.

The nine sports in the next level (including sailing, canoing and fencing) receive 12 million.

For the three in the last category (rugby, golf, modern pentathlon) the payout is 7 million.

For the largest associations, such as football's FIFA which has a 1.5 billion nest egg, or basketball body FIBA which has CHF 44.4 million (42 million euros) in reserves, IOC aid represents a small proportion of their income.

For others, it is vital.

"Some IF probably don't have the cashflow to survive one year," said Ryan.

For most federations, the postponement of the Olympic Games has a domino effect, forcing them to reschedule their own money-earning competitions.

"The revenues from these events will eventually come in," said Ryan. "But this impacts the cashflow." World Athletics has already postponed the 2021 World Championships in Eugene, Oregon to 2022.

The International Swimming Federation (FINA) will have to do the same for its World Championships scheduled for next summer in Fukuoka, Japan, when they would probably clash with the Tokyo Games.

"One edition of the World Championships means for us 10 million in revenues," said one sports federation official, speaking on condition of anonymity.

"If this income is postponed, totally or partially, for a year, we will face major problems, especially if the IOC money, originally expected in September, is not paid out."

The Singapore-based International Table Tennis Federation has already taken steps, with "the Executive Committee agreeing to reduce their expenses and senior staff offering to take a salary reduction," said marketing director Matt Pound, but, he added,"further cuts will take place if needed."

- 'Significant loss of revenue' -

The ITTF has suspended all its competitions until June and that is costly.

Kim Andersen, the Danish president of London-based World Sailing, said commercial revenues are not immune.

"The IOC will eventually pay out its aid, but what weighs most heavily is the uncertainty about whether our competitions will be held and whether our sponsors will be maintained," he said.

The IOC is not prepared to go into details of what it plans.

"It is not possible at this stage to assess the overall impact" of the postponement of the Tokyo Olympics, an official told AFP.

"It depends on a number of variables that are currently being studied." According to an official of one federation: "the IOC will discuss on a case-by-case basis, sport by sport".

Another option is for the federations to ask for a share of the public aid set up to deal with the coronavirus crisis, in Switzerland, where 22 ASOIF members are based and also in the United Kingdom, home of World Sailing.

"Can sports federations benefit from federal aid? The answer is yes, in principle," Philippe Leuba, State Councillor of the canton of Vaud, in charge of the economy and sport, told.

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