Article text

[burge13]

Delete if not allowed but can anyone with a sub post the text to this paywall article?

Redirect Notice

Im not signing up to these bullshit media outlets.

 

[Cleavy]

it's probably similar to this article

Bank demands force savage Cricket Australia salary cuts

Majority of staff to be stood down on 20% of pay until July; executives and a skeletal staff on 80% of their salaries

www.espncricinfo.com

 

[burge13]

it's probably similar to this article

Bank demands force savage Cricket Australia salary cuts

Majority of staff to be stood down on 20% of pay until July; executives and a skeletal staff on 80% of their salaries

www.espncricinfo.com

It said CA had a crash on the stock market? Where on earth is CA publicly traded? Ill read the one you sent but hoping someone has my articles text too

 

[Cleavy]

It said CA had a crash on the stock market? Where on earth is CA publicly traded? Ill read the one you sent but hoping someone has my articles text too

the article in The Age just says 'investments in shares'.

 

[Cleavy]

Why is Cricket Australia in such a poor monetary situation?

Cricket Australia got their full season away before the COVID-19 crisis hit the country.

www.sen.com.au

What has happened to the $175 million that disappeared between 2016 and now? Roberts said three factors caused the losses.


“So back in 2016 we had just ridden the wave of the 2015 World Cup and significant financial return from the T20 champions league,” he said.


“We were anticipating in 2017 a $50 million deficit year, which happened, a $70 million payment to players and then in 2018 we moved $55 million of player retirement funds off our books, so those three factors alone are $175 million which basically answers that question.
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I'm not sure that I'm buying the explanation