Thursday, August 11, 2022

ECB unveils £61m interim support package for professional and recreational cricket

Must Read

CSA: Stadium naming rights sponsor for recreational ground

Photo Credit: Cricket South Africa Six Gun Grill, Crown National Food Group’s flagship brand, and anchor sponsor of South Western...

ICC: Uluru visit from Boland and Watson on Trophy Tour

Photo Credit: ICC Australian cricketer, Scott Boland, has taken the ICC Men’s T20 World Cup 2022 Trophy to Uluru, playing...

SACA: Women’s Premier Cricket licenses awarded for 2022/23

Photo Credit: South Australian Cricket Association The South Australian Cricket Association today announces that, following discussions with the panel assembled...

Photo Credit: ECB

  • Financial assistance made available at every level of the game; across counties, boards and clubs
  • Package includes early release of £40m to support immediate cash flow challenges
  • More than £20m available in interest-free loans and grants to recreational clubs

The England and Wales Cricket Board (ECB) today announced a £61 million package to help cricket withstand the financial impact of COVID-19.

The plans detail a number of measures for the whole sport from elite to grassroots, including the MCC, the First-Class Counties (FCCs) and their County Cricket Boards (CCBs). Local cricket clubs will also be offered support to see them through the coming months.

In accordance with Government advice the start of the cricket season has been delayed until at least 28 May. A range of options for cricket to begin in June, July or August are currently being modelled.

With revenues impacted across the game – from both cricket and non-cricket activities, the ECB Board today approved plans to expedite payments from a number of areas within its 2020-2021 planned distribution budgets. 

Around £40m will be made immediately available through:

  • Early release of three months’ (May-July) county partnership distributions to FCCs and CCBs
  • The immediate availability of two years’ facilities maintenance distribution
  • Funds available unfettered and not restricted to facilities maintenance expenditure
  • A further £5.5m to be made available for counties who are not eligible for 2020-2021 ordinary facilities maintenance distributions
  • Suspension of international staging fees for four months and waiving of international staging fees payable in 2020 if the match is not played as scheduled due to COVID-19

An extra budget of just over £20m will become available to the recreational game through a cricket club support loan scheme, grants through the “Return to Cricket” scheme and a 12-month holiday on loan repayments for recreational clubs.

Tom Harrison, chief executive officer of the ECB, said: “We would like to thank everyone within the cricket network who is working tirelessly to protect the game during this period of uncertainty.

“We understand these are challenging times and it has been our priority to provide swift and immediate support to all members of the cricket family at every level in England and Wales.

“We are fully aware that the situation with COVID-19 will continue to develop, and it will be months before the full financial fallout is made clear. We will continue work with all of our partners to protect the ongoing health of the entire game in the short term and beyond.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

become a cricexec insider!

Join for free and get:

  • The cricexec “daily briefing” newsletter
  • Exclusive industry reports
  • Invitations to industry events
  • Early access to industry job postings
  • Many other benefits!

Latest News

CSA: Stadium naming rights sponsor for recreational ground

Photo Credit: Cricket South Africa Six Gun Grill, Crown National Food Group’s flagship brand, and anchor sponsor of South Western...

ICC: Uluru visit from Boland and Watson on Trophy Tour

Photo Credit: ICC Australian cricketer, Scott Boland, has taken the ICC Men’s T20 World Cup 2022 Trophy to Uluru, playing red dirt cricket with the...

SACA: Women’s Premier Cricket licenses awarded for 2022/23

Photo Credit: South Australian Cricket Association The South Australian Cricket Association today announces that, following discussions with the panel assembled to evaluate Women’s Premier Cricket,...

CSA: Global cricket superstar lined up for South Africa T20 league

Photo Credit: ICC Franchises to pre-sign up to five players before auction The six franchises of the inaugural T20 League in South Africa will be able...

Cricket Namibia: Inaugural Global T20 Namibia to feature Richelieu Eagles, Lahore Qalandars and DP World Lions

Photo Credit: Cricket Namibia Namibia’s men’s national development team, Richelieu Eagles, will take on some of the biggest names in domestic and franchise T20 cricket...

More Articles Like This

Cricexec Newsletter