Cricket

Zimbabwe Cricket begins financial restructure

2018-08-13 10:56
Brendan Taylor (AFP)

Cape Town - Zimbabwe Cricket (ZC) will let go of "almost all" of its staff members when their contracts expire at the end of August. 

According to Cricinfo, the organisation is getting the ball rolling on a radical financial restructuring in an effort to return some form of economic stability to the sport. 

"These are tough times and tough decisions are required to preserve cricket in Zimbabwe," the website quoted ZC as saying in a statement. 

ZC is in serious debt, but they have been given the backing of the International Cricket Council (ICC) in getting back on the right track. 

The ICC took the decision in June this year to make funds available to ZC as and when required instead of providing the two annual handouts that the rest of the cricketing nations receive. 

As a result of that financial backing, ZC were able to pay a number of their players - Brendan Taylor included - who had gone without pay for 5 months. 

The article adds that the Zimbabwean domestic season is expected to get underway in November as was initially planned.

Zimbabwe are next in action when they take on South Africa in 3 ODIs and 3 T20Is, which get underway on September 30.

 

Read more on:    cricket

 

Read News24’s Comments Policy

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

The 2018/19 Absa Premiership season is in full swing. Will Mamelodi Sundowns retain their title? Or can one of Kaizer Chiefs, Orlando Pirates, Wits, SuperSport United - or another team perhaps - snatch glory from the Brazilians? Be sure to visit Sport24 for all the latest news!

Latest blogs
Vote

Who will win the 4-Test series between hosts South Africa and visitors England over Xmas, New Year and into January 2020?

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.