Edited By Nityanand Pathak | Language | Updated: 30 May 2020, 05:57:00 PM IST
St. John's (Antica)
Cricket West Indies temporarily announced a 50 percent cut in funding and salaries across the entire regional cricket system due to the financial crunch caused by the Kovid-19 epidemic. The decision was taken following a tele-conference meeting of the Board of Directors of Cricket West Indies following the recommendations of the Financial Strategic Advisory Committee.
Cricket West Indies said in a statement, “At the moment there is no international cricket being played all over the world and there remains a lot of uncertainty as to when cricket activities will start on a regular basis.” Like many other international sports institutes around the world, Cricket West Indies is also losing a lot of revenue and will also have a long-term impact on our operations. '
It said, “The Board of Directors of Cricket West Indies has agreed on a plan that we can expect to secure the future and at least provide job security to all those associated with us.”
Cricket West Indies president Skerrit said, “This epidemic is harming everyone in the West Indies and the decision to cut the salaries of staff and players was quite difficult.”