Cricket SA counts R250 million loss after Covid impact and postponed tours - News Summed Up

Cricket SA counts R250 million loss after Covid impact and postponed tours


Cricket South Africa is licking its wounds after losing R250 million this financial year due to the coronavirus pandemic impact that forced numerous tour cancellations. However, having budgeted an R180 million loss for 2020/21, CSA was reasonably satisfied with efforts at mitigating the bleeding. "If you consider that in this financial period we are in, we are looking at a loss of R250 million. "If you take into consideration what that would contribute just in international broadcasting rights, that would have generated revenue of around R250 million. South Africa also has a gentlemen's agreement to stage the India tour in SA this summer, which would boost their coffers massively.


Source: News 24 June 14, 2021 12:45 UTC



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