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Cricket Players Get Outstanding Salaries, Allowances Following Bailout From ICC

5 years agoThu, 09 Aug 2018 11:21:53 GMT
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Cricket Players Get Outstanding Salaries, Allowances Following Bailout From ICC

 

Zimbabwe national team cricket players, as well as other staff, received their outstanding salaries after Zimbabwe Cricket received a bailout from the International Cricket Council (ICC). The players were owed more than three months’ salaries, allowances, match fees and bonuses, which resulted in senior players boycotting recent series against Australia and Pakistan.

Darlington Majonga, the ZC spokesperson told Business Times,

Zimbabwe Cricket has settled all monies owed to current staff and players, including match fees, thanks to an interim arrangement with the International Cricket Council to fast-track an exceptional payment specifically for staff and players under a controlled spending plan. While this has obviously brought welcome relief to the current staff and players, we are working on long-term solutions that require us to implement austerity measures that include restructuring and aggressively re-aligning our cost structure. ZC and ICC remain committed to working positively together to forge a sustainable cricket future for Zimbabwe,

More: Business Times

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