T20 Global League

Mayday as Global T20 deadline looms

2018-04-15 06:02
T20 Global League (Gallo)

Johannesburg - Cricket SA (CSA) should know by the end of next month if the Global T20 tournament, the start of which was suspended last year, will go ahead.

So said acting chief executive Thabang Moroe, adding that CSA was in the final stages of negotiating with broadcasters and “should make an announcement soon”.

A failure to sell the broadcast rights for the tournament had been blamed for scuppering what would have been South Africa’s reply to competitions such as the Indian Premier League and Australia’s Big Bash.

“We’re still looking at making next month’s deadline,” said Moroe.

“We sat with Sony, our international broadcast partner, and SuperSport recently, and have asked our media partners IMG to help us source broadcasting revenue.

“We’re pushing as hard as we can, but, timing-wise, it’s been a bit of a nightmare for us because the negotiations have coincided with our financial
year-end, trying to sign a memorandum of understanding with the players’ association and dealing with the future tours programme. With luck, once we have sourced the revenue and the board agrees, we can confirm by the end of May.”

Although he said the postponement of the tournament wouldn’t be indefinite, he cautiously explained that the inaugural season wouldn’t necessarily take place this year.

“It will definitely go ahead, but whether it goes ahead this year or next will be dictated by timing and the revenue we get. We could announce [a broadcast deal] in May, but if we don’t have enough revenue, we won’t go ahead,” said Moroe.

The failure of the Global T20 to commence as planned last year has cost CSA dearly, with the losses – which include compensating the players contracted in the draft – reportedly climbing as high as R180 million. This is why there is so much caution this time around.

“It will depend on where we are in terms of the sponsorship deal we’ve sourced,” said Moroe.

“We’d still have to go back to the finance committee and, if we are short, they can either decide to lend us the money or tell us to go back and source more funding.”

Moroe denied the rumour that three title sponsors were ready to sign on for last year’s tournament before previous chief executive Haroon Lorgat, who was given the task of sourcing funding for the competition, parted ways with CSA, supposedly due to a lack of movement on the commercial front.

“I really can’t answer for them, but all I can say is, if you look at the sponsors people are talking about, do they sponsor any other entities outside India? The answer is they sponsor tournaments only if Indian players are playing and there are no Indian players in our competition.”

Moroe said there would definitely be changes to what the rules of engagement were for the tournament last year, the most fundamental of which is that there will be transformation targets, which were not a prerequisite last year.

But there are still questions as to whether there would be any changes on the private ownership front.

“The board has told us to get revenue and try to get private involvement. We need to secure enough revenue for them to recoup their investment,” he said.

NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

Vote

Which team will you be supporting in the inaugrual T20 Global League?

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.