Home series revenues crucial
Disadvantaged by the recent International Cricket Council (ICC) regulation on payment for Tests and One-Day Internationals overseas, the West Indies Cricket Board (WICB) must maximise profits on home tours, president Reverend Wes Hall said yesterday
Tony Cozier
25-Oct-2001
Disadvantaged by the recent International Cricket Council
(ICC) regulation on payment for Tests and One-Day
Internationals overseas, the West Indies Cricket Board
(WICB) must maximise profits on home tours, president
Reverend Wes Hall said yesterday.
Hall revealed on Tuesday that the WICB stands to lose US$300
000 (BDS$600 000) on its now-sanctioned forthcoming tour of
Sri Lanka. He further explained the situation yesterday.
The projected deficit stems from an ICC decision, ratified a
year ago, to standardise the fee paid to each touring team
at US$62 500 per Test match and US$25 000 for each One-Day
International.
The WICB had lost similarly on recent tours of Zimbabwe and
Kenya and earned around US$750 000 less on its series in
England last year than it had in 1995, Hall affirmed.
The Sri Lankan board would also take care of internal
expenses on the tour that starts next week.
The WICB would be responsible for the return fares between
the Caribbean and Colombo and the fees for the 16 players
and three members of management.
It means we're getting US$362 500 for playing and we
estimate that is going to leave us short by US$300 000 on
our overall expenses, Hall said.
Previous arrangements were made on bilateral negotiations
between the two participating boards.
With their drawing power, the West Indies could always
expect healthy profits on tour, especially to the more
affluent countries like Australia and England.
Hall explained that the WICB had depended on such tours in
the past to boost its finances.
What this forces us to do is to make money on our home
tours, he said, noting that the scheme should also reduce
WICB's payments to visiting teams.
We can't lie down and play dead. We have to maximise our
gate receipts, look to reduce costs wherever possible and
generally make the best of the circumstances, he said.
Hall anticipated that successive tours to the Caribbean by
India, Australia and England over the next three years would
be profitable given their attraction and the revenue the
WICB would gain in television rights.
But, under the ICC's future tours programme devised last
year, each Test team has to play each other on a home and
away basis.
It means us tacking on New Zealand, Bangladesh and Sri Lanka
as shorter, ancillary series to those tours and we wouldn't
expect to make anything out of them, he said.
The 2007 World Cup, that has been assigned to the West
Indies, should create a huge windfall of as much as US$100
million to the region, if well managed, Hall estimated.
It's the last World Cup that the host country will take the
profits, so we've got to make sure it is properly managed,
he said. After that, all the money goes into the ICC pot.
The WICB have become so much more efficient in its ticketing
arrangements that takings for Tests and One-Day
Internationals had increased by 91 per cent in the past five
years, Hall said. But he noted continuing constraints.
We still have the reality that our grounds are small by
international standards and that, at some, there is a large
membership from which the board collects no revenue.