CA, And ACA Decides To Delay The Cricket Revenue Projection

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As A Result Of The Joint Agreement, ACA Lifted The Notice Of Conflict Lodged With CA A Month Ago:

 

In uncertain times owing to a world-wide pandemic, Cricket Australia has reached a consensus with the Australian Cricketers’ Association about deferring the board’s assessment of future revenue. As a result of this development, the ACA withdrew the notice of dispute it lodged a month ago with CA.

“The parties have decided to delay the Australian Cricket Revenue forecast until such time when they are best prepared to evaluate the financial effect of the pandemic and to determine a reasonable estimate for the coming year. We would like to thank the ACA for the positive manner in which they have participated in negotiations on what was a difficult time for the game,” said Cricket Australia in a statement. This comes as a significant truce between two parties as they’ve previously had lengthy disagreements and a bitter dispute on the exact same issue.

As per the Memorandum of Understanding signed with the ACA, Cricket Australia was required to provide revenue estimates by the end of April, which was then moved forward by one month under the circumstances of COVID-19. In the most recent agreement, it was decided to postpone it to a later stage in the financial year, when the cricket board will be able to get a clearer picture of cricket in the home summer.

While it has not yet been officially postponed or canceled, the men’s T20 World Cup scheduled to begin on October 18 is highly doubtful, because it will be a logistical nightmare to have bio-secure environments for as many as 15 tour teams.

In a big shot in the arm though, Australia announced a bumper home summer schedule, including a visit to India for a full series from October to January. It remains to be seen whether the show will go on as per schedule, and if it’s going on with fans in the stands.

“Calculating sales estimates 12 months ahead during the once-in-a-century pandemic was not without its difficulties, but we feel that we have achieved a position that gives both parties more clarity about how to handle the next year.”

“The Australian Cricket Revenue (ACR) will be reassessed in due course, allowing time for a clearer estimation of the financial effects of the pandemic and a reasonable outlook for the coming year,” the statement said.

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