NZ Cricket to reveal $9.3 million loss - News Summed Up

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NZ Cricket to reveal $9.3 million loss


Photo: Getty ImagesNew Zealand Cricket is set to reveal a $9.3 million loss from the past financial year. Under the new financial system of the International Cricket Council, New Zealand's cut of ICC funding will increase from $US90 million ($NZ130 million) to $US128m ($NZ185 million) over the next eight years. As a result, White believes that despite the current loss, there will be a more profitable future for New Zealand Cricket. "It was a big year in terms of volume of cricket so that was quite expensive. It's not all doom and gloom, with New Zealand Cricket having signed a broadcasting deal with Star Sports India, who have earned the broadcast and digital rights until April 2020.


Source: Otago Daily Times November 08, 2017 19:18 UTC



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