United States  

Cricket Australia board chief Roberts defends staff pay cuts

Video Credit: Reuters - Sports - Duration: 05:18s - Published
Cricket Australia board chief Roberts defends staff pay cuts

Cricket Australia board chief Roberts defends staff pay cuts

Cricket Australia (CA) Chief Executive Kevin Roberts says deep staff pay cuts were necessary to shore up the game's finances amid the coronavirus shutdown, despite the governing body holding tens of millions of dollars in stock investments.

RESENDING WITH COMPLETE SCRIPT VIDEO SHOWS: VIDEO CONFERENCE CALL WITH CRICKET AUSTRALIA CHIEF EXECUTIVE KEVIN ROBERTS, FILE FOOTAGE OF AUSTRALIA AND INDIA PRACTISING SHOWS: SYDNEY, AUSTRALIA (APRIL 21, 2020)(CRICKET AUSTRALIA - ACCESS ALL) 1.

(SOUNDBITE) (English) CRICKET AUSTRALIA CHIEF EXECUTIVE, KEVIN ROBERTS, SAYING: "It wasn't an over-reaction because we're dealing with a situation that's hitting us unfortunately at the low point of our cash cycle over four years.

We reach a point in September, early September where if there's more shocks as we've had over the last month or more that our reserves were very thin and in fact effectively would chart a path to zero if we weren't to take drastic aciton.

Then you layer on top of that the possible... the possibility of the international season doesn't go ahead and that's an issue of hundreds of millions of dollars (Australian dollars)." 2.

WHITE FLASH 3.

(SOUNDBITE) (English) CRICKET AUSTRALIA CHIEF EXECUTIVE, KEVIN ROBERTS, SAYING: "We're estimating that we've taken a 20-million-dollar impact thus far and we have to anticipate given the unknown nature and fast-moving nature of this situation that there will be more risks than that 20 million dollars.

So, 20 million would take us from a low point of 40 million dollars in cash and investments and any further shocks would take us far lower than that.

And then if you contemplate the prospect of the international season in particular being affected, we have an issue of hundreds of millions of dollars on our hands.

So, it's very important that we plan proactively for that, we do everything possible to stage the season and to navigate our way through this as we go.

We certainly hope the situation doesn't go that deep and we'll be doing everything we can to prevent it but if it goes there and we haven't taken pre-emptive action beforehand we have nothing to fight it with." 4.

WHITE FLASH 5.

(SOUNDBITE) (English) CRICKET AUSTRALIA CHIEF EXECUTIVE, KEVIN ROBERTS, SAYING: "We're working through the detail of player payments with the ACA (Australian Cricketers' Association) and obviously respecting our obligations to keep our senior players informed as well.

And so that's a matter for us to keep discussing with the ACA and the players but what we've all seen and heard in terms of the leaders of Australian teams - who are just such high quality young Australians - they're acknowledging that everyone has a role to play here in helping fight this situation including the players in Australia's national teams - male and female - and we just respect their commitments so much.

We respect their desire to help so much and therefore we'll be respecting them in the way that we move through this situation together with the ACA and agree some creative solutions to deal with an unprecedented situation." 6.

WHITE FLASH 7.

(SOUNDBITE) (English) CRICKET AUSTRALIA CHIEF EXECUTIVE, KEVIN ROBERTS, SAYING: "At this point we won't rule anything out in terms of the Indian series.

Along with the BCCI and the Indian players and support staff we want to stage a series that inspires the cricket world whether or not there's people at the venue or not sitting in the stands.

And so we'll explore all viable options; many of which wouldn't have been contemplated until now but we're in a different world where all of a sudden we're being grateful for the things we do have rather than lamenting the things we don't and we need to face into all possibilities and fortunately we have a little bit of time to work through the different scenarios for the India series but we're not ruling out any possibility for that at this point in time.

It's all about inspiring cricket fans around the world with a great series and making sure that we can do so in a way that respects and manages the health and wellbeing of everyone from our players to India's players to support staff and fans to the extent that fans are able to attend those matches." LONDON, ENGLAND, UNITED KINGDOM (FILE - AUGUST 13, 2019) (REUTERS - ACCESS ALL) 8.

AUSTRALIA BATSMAN STEVE SMITH AT PRACTICE SESSION 9.

NET SESSION 10.

SMITH AT PRACTICE 11.

MATTHEW WADE AT PRACTICE 12.

AUSTRALIA CAPTAIN, TIM PAINE IN NETS 13.

OPENING BATSMAN CAMERON BANCROFT TALKING MUMBAI, MAHARASHTRA, INDIA (FILE - JANUARY 13, 2020) (ANI - NO USE INDIA) 14.

INDIAN CRICKETER, JASPRIT BUMRAH WALKING 15.

INDIA CAPTAIN, VIRAT KOHLI ARRIVING FOR TRAINING SESSION/KOHLI WALKING ALONG WITH INDIA HEAD COACH, RAVI SHASTRI 16.

KOHLI BATTING IN THE NETS 17.

INDIAN CRICKETER SHREYAS IYER CHECKING HIS STANCE 18.

INDIAN CRICKETER, ROHIT SHARMA JUGGLING CRICKET BALLS AS INDIAN CRICKETER, RAVINDRA JADEJA SMILES STORY: Cricket Australia (CA) Chief Executive Kevin Roberts has said deep staff pay cuts were necessary to shore up the game's finances amid the coronavirus shutdown, despite the governing body holding tens of millions of dollars in stock investments.

CA announced plans to furlough almost 80% of staff last week, putting them on 20% pay until June 30 when it is hoped more will be known about how long government curbs to control the coronavirus will last.

The cuts, which will save A$3 million ($1.89 million), have drawn criticism from media pundits, given CA had some A$90 million in reserves at the end of March including A$36 million in stock investments.

Roberts, however, said CA had to be prepared for further blows to the game's finances if a sustained shutdown put paid to all cricket in 2020, including the Twenty20 World Cup on home soil in October and hosting India in a lucrative test series.

"It wasn't an over-reaction because we're dealing with a situation that's hitting us unfortunately at the low point of our cash cycle over four years," Roberts told reporters in a video conference call on Tuesday (April 21).

"In early September ... if there's more shots (to CA's finances) as we've had over the last month or more, that in fact would effectively chart a path to zero if we weren't to take drastic action.

"Then you layer on top of that the possibility that the international season doesn't go ahead, that's an issue of hundreds of millions of dollars." Roberts said the shutdown had already cost Cricket Australia A$20 million.

Players, who are paid a share of total revenues generated by the game, also face significant pay cuts if the shutdown continues deep into the year.

Roberts was CA's lead negotiator in acrimonious talks for a new collective bargaining agreement with the players union in 2017, and was ultimately defeated in his attempts to have them agree to abandon a long-standing revenue-sharing model.

He declined to confirm whether CA would ask players to take pay cuts even before the full extent of the financial impact from the shutdown is known.

"We're working through the detail of player payments with the ACA (Australian Cricketers' Association)," he said.

"What we've all seen and heard ... they're acknowledging everyone has a role to play here in helping to fight this situation, including the players in Australia's national teams." Roberts added that all options were on the table for domestic and international cricket, including playing the entire India entire test series at a single venue or at closed stadiums, if required to manage the health risks.

(1 Australian dollar = $0.63) (Production: Ursa Presern, Tim Hart)




You Might Like


💡 One News Page Knowledge: Other News Mentions

India national cricket team India national cricket team National cricket team of India

MS Dhoni retires: Jharkhand CM urges BCCI to host farewell match in Ranchi [Video]

MS Dhoni retires: Jharkhand CM urges BCCI to host farewell match in Ranchi

Jharkhand Chief Minister Hemant Soren urged BCCI to host a farewell match for MS Dhoni in Ranchi. The legendary cricketer's childhood coach Chanchal Bhattacharya reiterated CM Soren's idea. This came after the Ranchi lad's announcement of retirement from international cricket. 'Captain Cool' announced his retirement via an Instagram post on August 15. India's one of the finest captains left swarms of his fans heartbroken with the announcement. "CM Soren has suggested a farewell match. I think it is a great idea. I appeal to BCCI to organise a match in Ranchi," Bhattacharya said. Former BCCI president Anurag Thakur also spoke on Dhoni announcing retirement. Thakur is currently the Minister of State (MoS) for Finance. "Dhoni was an all-rounder, he has contributed a lot to Indian cricket. I wish him good luck, his fans will miss him. I think it's time to give opportunities to young players to play for India. Batsman Suresh Raina has also announced retirement. I extend my best wishes to both the cricketers," he said.

Credit: HT Digital Content    Duration: 03:16Published
Dhoni [Video]

Dhoni

Jharkhand Chief Minister Hemant Soren urged BCCI to host a farewell match for MS Dhoni in Ranchi. The legendary cricketer's childhood coach Chanchal Bhattacharya reiterated CM Soren's idea. This came after the Ranchi lad's announcement of retirement from international cricket. 'Captain Cool' announced his retirement via an Instagram post on August 15. India's one of the finest captains left swarms of his fans heartbroken with the announcement. "CM Soren has suggested a farewell match. I think it is a great idea. I appeal to BCCI to organise a match in Ranchi," Bhattacharya said. Former BCCI president Anurag Thakur also spoke on Dhoni announcing retirement. Thakur is currently the Minister of State (MoS) for Finance. "Dhoni was an all-rounder, he has contributed a lot to Indian cricket. I wish him good luck, his fans will miss him. I think it's time to give opportunities to young players to play for India. Batsman Suresh Raina has also announced retirement. I extend my best wishes to both the cricketers," he said.

Credit: HT Digital Content    Duration: 03:16Published
MS Dhoni retires: Virat Kohli, Sachin Tendulkar, others congratulate Mahi [Video]

MS Dhoni retires: Virat Kohli, Sachin Tendulkar, others congratulate Mahi

As Mahendra Singh Dhoni announced retirement from international cricket, tributes poured in from the world of cricket. Former cricketer Sachin Tendulkar lauded Dhoni over his contribution to Indian cricket. Indian skipper Virat Kohli wrote an emotional post on social media. Dhoni’s teammate R Ashwin also wished hi good luck. Suresh Raina also announced his retirement as soon as Dhoni did his. BJP leader and former cricketer Gautam Gambhir wished Dhoni for his upcoming phase. Dhoni, former Indian cricket captain led Team India to victories in the ICC WT20 (2007), ICC World Cup (2011), and ICC Champions trophy (2013). Dhoni had last played for India in an international match in the semi-final loss to New Zealand in 2019. Dhoni had announced his retirement from Test cricket in 2014. Dhoni announced his retirement through a social media post. “Thanks a lot for ur love and support throughout. from 1929 hrs consider me as Retired,” the caption read.

Credit: HT Digital Content    Duration: 01:47Published
Watch how MS Dhoni's mantra helped Manipur boy clear UPSC civil services exam [Video]

Watch how MS Dhoni's mantra helped Manipur boy clear UPSC civil services exam

Former Indian Cricket captain Mahendra Singh Dhoni has been an inspiration to many. His leadership skills have had an impact on people from all walks of life. Manipur’s Parikshit Thoudam is one of them. Parikshit used MS Dhoni’s mantra to crack the UPSC Civil Services Exam 2019. He secured the 373rd rank in the prestigious competitive examination. The rank holder even shared a message for aspirants saying that it is hard work and self-belief that takes one far. Thoudam said, “MS Dhoni in one his interview once said that he has a lot of challenges as the captain of the Indian Cricket team and tries to control what is controllable.” A total of 829 candidates have been selected through the civil services examination 2019, results for which were announced on Tuesday by the Union Public Service Commission. Watch the full video for more.

Credit: HT Digital Content    Duration: 02:39Published

Steve Smith (cricketer) Steve Smith (cricketer) Australian international cricketer

IPL 2020: Rajasthan Royals to lock horns with Kolkata Knight Riders [Video]

IPL 2020: Rajasthan Royals to lock horns with Kolkata Knight Riders

Steve Smith-led Rajasthan Royals team left their hotel in Dubai to take on Kolkata Knight Riders for 12th match of IPL 2020. The match will be played at Dubai International Cricket Stadium. Rajasthan Royals is leading the points table with 4 points from 2 successive wins.

Credit: ANI    Duration: 01:16Published
Steve Smith surprised by England’s T20 omission of ‘terrific player’ Joe Root [Video]

Steve Smith surprised by England’s T20 omission of ‘terrific player’ Joe Root

Australia’s Steve Smith admits he was surprised to see Joe Root overlooked byEngland for the forthcoming Twenty20 series between the sides, taking hisomission as confirmation of the hosts’ “all-out power” game.

Credit: PA - Press Association STUDIO    Duration: 00:46Published

Sydney Sydney Most populous city in Australia

Australia evacuates journalists from China [Video]

Australia evacuates journalists from China

Two Australian foreign correspondents were rushed out of China for their safety with the help of Australian consular officials after being questioned by China's Ministry of State Security, their employers said on Tuesday. Libby Hogan reports.

Credit: Reuters - Politics    Duration: 02:16Published
Australian journalists flee China [Video]

Australian journalists flee China

The last two journalists working for Australian media in China have left thecountry after police demanded interviews with them, the AustralianBroadcasting Corporation (ABC) has reported. ABC’s Bill Birtles and TheAustralian Financial Review’s Michael Smith landed in Sydney after flying fromShanghai on Monday night, the broadcaster said.

Credit: PA - Press Association STUDIO    Duration: 01:10Published
A 12-Year-Old Girl Caught Gambling In Australian Casino [Video]

A 12-Year-Old Girl Caught Gambling In Australian Casino

(CNN) A 12-year-old girl was among three minors caught gambling at a casino in Sydney, Australia, regulators said Saturday. According to Liquor & Gaming New South Wales (NSW), the state regulator, The Star Sydney -- among the largest casinos in the country -- has been fined about $64,500 (90,000 Australian dollars) for that instance as well as two other cases of minors gambling and being served alcohol.

Credit: Wochit News    Duration: 00:32Published

Australia national cricket team Australia national cricket team National sports team

Jos Buttler delighted to secure England's T20 series win against Australia [Video]

Jos Buttler delighted to secure England's T20 series win against Australia

England opener Jos Buttler holds a press conference after securing his side'svictory in the second T20 vs Australia. Jos Buttler hit 77 not out to helpEngland clinch a series win over Australia with a six-wicket victory in thesecond Twenty20 international at the Ageas Bowl. The wicketkeeper had lookedin top form during Friday’s first encounter between the sides and followed itup with his highest score in the sprint format for England.

Credit: PA - Press Association STUDIO    Duration: 00:40Published

Shreyas Iyer Shreyas Iyer Indian cricketer

IPL 2020: Delhi Capitals to take on Sunrisers Hyderabad in Abu Dhabi [Video]

IPL 2020: Delhi Capitals to take on Sunrisers Hyderabad in Abu Dhabi

Shreyas Iyer-led Delhi Capitals left the hotel in Dubai to lock horns with Sunrisers Hyderabad on September 29. With two straight wins, Delhi Capitals is on the top of the table while Hyderabad is at the bottom. Both the teams will battle for the win in Abu Dhabi.

Credit: ANI    Duration: 01:42Published
IPL 2020: Delhi Capitals enroute Dubai Stadium for their opening match [Video]

IPL 2020: Delhi Capitals enroute Dubai Stadium for their opening match

Players of Delhi Capitals boarded buses to reach Dubai International Stadium for their first match of IPL 2020. Team will lock horns with Kings Xi Punjab today. The toss will take place at 7pm. Shreyas Iyer leads the team.

Credit: ANI    Duration: 01:30Published

Tweets about this


Related videos from verified sources

Australia's Hazlewood says players willing to take pay cuts [Video]

Australia's Hazlewood says players willing to take pay cuts

Josh Hazlewood says Australian players will "play our part" in overcoming the coronavirus pandemic alongside Cricket Australia.

Credit: Reuters - Sports     Duration: 02:22Published
Virgin Atlantic won't survive without government help - Branson [Video]

Virgin Atlantic won't survive without government help - Branson

Virgin Atlantic won't survive unless it gets government aid, says founder Richard Branson. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:13Published