MUMBAI: The outbreak and spread of Covid-19 over the last 2 months, one that has impacted cricket around the world as much as any other sport, is snowballing into a catastrophe of heavy, irreversible percentages.
Needs To there be no cricket played in between now and the end of the year, which is a possibility the market is getting significantly wary about, it will lead particular cricket boards– read: Sri Lanka, West Indies, Bangladesh, Pakistan, South Africa, to name a few– to sizeable, unavoidable personal bankruptcy.
The broadcast rights of Sri Lanka Cricket(SLC), Pakistan Cricket Board(PCB) and the West Indies Cricket Board(WICB)– held by 10 Sports (Sony Pictures) have actually pertained to an end. The Bangladesh Cricket Board(BCB), that had actually offered its world media rights for 6 years in 2014 for an approximate US$20 m (around Rs 140 crore in today’s exchange), is due to renew its broadcast deal this extremely month (April). Cricket South Africa(CSA) have a standing arrangement to host a three-match India series later on this year which is also now under severe hazard.
Must cricket remain missing from the calendar over the next 6 months, these boards risk of a huge financial and financial failure.
” Simply put, aside from India and to an extent England, the rest of the cricket world will be on a hand-to-mouth presence if this situation continues,” a leading cricket industry executive informed TOI on Friday.
SLC have actually highlighted a tender a minimum of on six occa