DUBAI: The International Cricket Council (ICC) is grappling with a staggering $167 million financial setback following the T20 World Cup jointly hosted by the United States and the West Indies. Indian media reports reveal that ICC members are poised to address critical financial and operational issues at an upcoming board meeting in Sri Lanka.
Concerns over the tournament’s cost overrun and operational challenges have prompted calls for transparency and accountability within the ICC. An independent committee has been tasked with investigating the financial mismanagement allegations, with a report expected to shed light on the matter.
India’s T20 World Cup Champions Receive Heroes’ Welcome Upon Return
According to sources, additional financial requests, including a $20 million loan for immediate cash needs, have further compounded ICC’s financial woes. The board of directors is set to deliberate on pivotal decisions aimed at stabilizing the organization amidst these financial strains.
The T20 World Cup, intended to boost cricket’s profile in the Americas, now stands as a pivotal point for the ICC’s future financial strategies and governance.
