Cricket Australia is underneath big monetary stress on account of world lockdown and has laid off 80 p.c of its workers. India’s four-Test tour in December-January may present a reduction to the struggling Board.
As of now, Australia’s borders are sealed until September 30 however their may very well be an extension of travel sanctions.
According to a report in ESPNCricinfo, “International exemptions to allow an India touring party to arrive in Australia next summer would be seriously considered by the federal government in the event of wider travel bans, strongly suggesting that Cricket Australia will be able to avoid losing up to AUD 300 million in revenue in the wake of the coronavirus pandemic.”
The web site additionally reported that CA has acquired a constructive response from its authorities.
”…The governing physique is known to have acquired extremely encouraging information about their outlook, at least so far as the profitable India tour is worried,” the report said.
Cricket Australia was anticipating income of AUD 500 million from this monetary cycle, primarily from broadcast rights. Even if spectators aren’t allowed and cricket turns into a TV solely occasion, it occurs to lose AUD 50 million.
But if India fails to tour, the repercussions will likely be of gigantic proportions.
“Such a scenario (only live TV coverage) would likely leave CA with a hole of around AUD 50 million in its annual revenue of nearly AUD 500 million, but nowhere near the sort of blow they could have expected without being able to welcome India for a series of Test and limited overs matches due to pull the organisation out of the low point of its four-year revenue cycle,” the report said.
Australia Prime Minister Scott Morrison on Friday had mentioned that his authorities is looking at all possibility so far as resumption of sporting actions is worried.
“What is a safe way to be able to do that, and to get as much consistency as we possibly can across all the states and territories,” Morrison mentioned. .
“That was strongly supported today by all the states and territories, having something along those lines they would find very helpful.”