CA, ACA Voice To Move Australian Cricket Revenue Projection > Cricket News, cricinfo, mobilecric, cricbuzz, livescore and more

Cricket news - CA, ACA agree to defer Australian cricket revenue projection

As a result of the mutual decision, ACA has withdrawn the notice of dispute it lodged a month ago with CA.

As a result of the mutual decision, ACA has withdrawn the notice of dispute it lodged a month ago with CA.

In uncertain times owing to a world-wide pandemic, Cricket Australia has reached a consensus with the Australian Cricketers' Association about deferring the board's assessment of future revenue. As a result of this development, the ACA withdrew the notice of dispute it lodged a month ago with CA.

"The parties have agreed to postpone the Australian Cricket Revenue projection until such time they are better able to assess the financial impact of the pandemic and calculate a clear projection for the year ahead. We would like to thank the ACA for the constructive manner in which they have engaged in discussions in what has been a challenging time for the game," an official release from Cricket Australia stated.

This comes as a significant truce between two parties as they've previously had lengthy disagreements and a bitter dispute on the exact same issue.

As per the Memorandum of Understanding signed with the ACA, Cricket Australia was supposed to provide revenue projections by the end of April, which was then pushed by a month under COVID-19 circumstances. In the latest agreement, it has been decided to postpone it to a later stage in the financial year when the cricket board will be able to get a clearer picture of cricket in the home summer.

Though it still hasn't been officially postponed or cancelled, the men's T20 WC scheduled to begin from October 18 is looking increasingly unlikely, as it could be a logistical nightmare to provide bio-secure environments for as many as 15 touring teams.

In a major shot in the arm though, Australia released a bumper home summer schedule, including India's visit for a full series from October to January. It remains to be seen if that series can go on as per plan, and whether it takes place with fans in the stands.

"Calculating revenue projections 12 months ahead during a once-in-a-century pandemic has not been without its challenges, but we believe we have arrived at a position that provides all parties with greater certainty about how to navigate the next year."

"The Australian Cricket Revenue (ACR) will be reassessed in due course, providing time to better assess the financial impact of the pandemic and calculate a clear projection for the year ahead," the statement said.

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