Arun Dhumal, who started his new innings as the treasurer of the Board of Control of Cricket in India (BCCI), has hinted towards pay cuts of the players in the near future. He said that cutting the salaries might be on the agenda but it will be the last thing board will be considering, as, in the end, it’s board’s duty to pay their players.
The Coronavirus pandemic has affected sports scenarios badly in India and globally as well. IPL, that was to go ahead by 29th March, got many delays and latest windows for rescheduling but in the end, all of them vacant as the authorities have chosen to suspend the league till further notice. Consequently, after an elongated lockdown, the board will be suffering financially. The financial disturbance caused by leagues and series delay can deprive the board to pay the players’ salaries regularly. In the end, pay cuts might be the last option as disclosed by Dhumal.
BCCI: Pay cuts may also be on the cards
“We are not sure whether we will be able to have it this year. We will only be able to figure out the exact revenue loss once we are sure of how many games we have lost,” Dhumal from BCCI stated.
“That would be the last thing that we would want to do at our end. That is why we are working (on) how much is the loss finally we have to pay. So, once we are able to assess that then we might consider it, but it will be the last thing on our agenda,” he added.
The board also revealed that they might be losing approximately INR 40 billion if India’s cash-rich league got called off completely in the near future.