The bank, expected to be around US$ 15 million, is understood to have the support of BCCI, ECB and CA
In an effort to strengthen Test cricket, the ICC may establish a dedicated fund starting in 2025, which would allow boards outside the Big Three to contend with more attractive company leagues to attract more of their talent.
The initiative, which is primarily led by Cricket Australia chair Mark Baird and supported by the BCCI and ECB, aims to establish a central fund to offer players with a minimum standard match fee, which is said to be around US$ 10, 000 ( approximately £7, 600 ). It's anticipated that it will be agreed upon before Christmas so that it can be run completely again next year.
Not only would this produce Test cricket more appealing to people who basically opt out of the file for a bigger cash in short-format events across the world, but it would also lower the costs incurred by less-moneyed boards. The nine Test-playing regions beyond India, Australia and England ( who will not be privy to the bank ) generally operate at a loss when it comes to red-ball cricket, and not just as guests. Johnny Grave, the board's cheerful Cricket West Indies CEO, revealed earlier this summer that the journey of Australia had cost the organization US$$ 2 million.
The fund, which is expected to be in the region of US$ 15 million ( approx £11 million ), is understood to have the backing of BCCI secretary Jay Shah and ECB chair Richard Thompson. It is still in its early stages, and neither the ICC's boardroom nor executive council have officially discussed it. But Baird is assured.
" It's wonderful to see some speed behind the Test-match fund", he told the Sydney Morning Herald. We must break down the barriers and encourage Examine cricket to be the best. To keep that record and that reputation, which goes alongside the newer types of white-ball cricket".
Zimbabwe will be charged a" touring charge" when they travel to Trent Bridge on May 22 for a one-off Exam, according to ECB CEO Richard Gould last month. Gould had posited the idea of guests paying a price to travelling team a month before, but only now are practical techniques being made.
Such is the distorted economy of the worldwide sport that boards have already been dealing in mutual contracts in some kind or another. The ECB, for example, agreed to an additional three T20Is on their 2023 limited-overs visit of the Caribbean which were good money-spinners for the area. As a sugar for West Indies Test collection in England last quarter, the ECB does help a West Indies Under-19 visit to the UK.
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