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ICC to pump in $300 mn for global spread of cricket
 

Indiantelevision.com Team

(9 July 2008 3:00 pm)

 

MUMBAI: The International Cricket Council (ICC) will pump $300 million into the worldwide development of cricket below full members.

In his first week as ICC chief executive officer, Haroon Lorgat has, thus, announced the most significant funding package for the development of cricket in the history of the game. He hails the move as the biggest investment in global development by any sport outside football.

“We want to see results that challenge world cricket’s existing order. And we want to develop better players and better structures on and off the field, giving everyone the chance to be the best they can be,” Lorgat says.

Clearly, the investment aims at further strengthening the game around the globe. “Thanks to agreements with our commercial partners, foremost among them the one we signed in December 2006 with ESPN Star Sports, the game is financially secure,” says Lorgat.

“The promise that brings means we can confirm we are making the biggest-ever investment in the game from top to bottom over the next seven years. From 2009, the ICC will pump almost $300 million into our 94 Associate and Affiliate members that make up the developing cricket world," he adds.

That’s at least $40 million per annum, compared to $18 million in 2008, a 120 per cent increase. And it indicates that the revenue that ICC generates from the events, broadcast and commercial agreements, will be ploughed back into the game.

A month ago, Afghanistan and Jersey finished as the top two sides in the WCL Division 5 event and have progressed to the Division 4 event in Tanzania, to be held in November. From there, for the top sides, it’s on to Argentina in January for Division 3.

The top two sides from there go forward to the ICC World Cup Qualifier in the UAE next March and April and the top four sides from there will go forward to the ICC Cricket World Cup in Asia in 2011.

Lorgat took over as ICC CEO on 4 July, replacing Malcolm Speed.

The ICC now has 104 members, including 34 Associates and 60 Affiliates as well as the 10 Full Members. Turkey, Estonia and Bulgaria are the latest to join the ICC family having been granted Affiliate Member status at the ICC annual conference in Dubai last week. It was an important week, too, for cricket in Guernsey as the former Affiliate was upgraded to an Associate Member after it fulfilled the qualification criteria.

 
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