Corporates all over the world have been feeling the pinch because of the CO- VID-19 outbreak. Sports federations are no exceptions — with live sport coming to a standstill, broadcast revenue has been severely hit.
While Cricket Australia (CA) is in financial trouble, the Board of Control for Cricket in India (BCCI) — the richest cricket body in the world — is unlikely to be affected in the near future, even if it is forced to cancel the Indian Premier League’s 2020 edition.
Insiders attribute the CA’s difficulties — staff salaries have been cut by 80% — to “careless planning” since it has invested heavily in the equity market. On the other hand, the BCCI — being a registered society — has played it safe, resulting in financial security.
Esta historia es de la edición April 26, 2020 de The Hindu.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 26, 2020 de The Hindu.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
‘Olympics Cancellation Likely If Vaccine Not Found In Time'
Further delays impossible, says Tokyo Games organising panel chief Mori
It's Wholesale Only At Koyambedu Market
Retail outlets to remain shut to bring down crowding.
Ministry Does U-Turn On Plasma Therapy
Treatment not proven: Health official
Trump's Bleach Statements Echo Claims By Pseudo-Scientists
‘Miracle cure’ quacks have long promoted industrial bleach to treat autism, malaria and many other medical conditions
U.S. May Seek Damages From China
President says many options on the table to hold Beijing accountable, draws an angry response
Koyambedu Market May Be Shifted Out
Decision likely at today's meeting of stakeholders; aim is to enforce physical distancing
Massive Spike Of 522 Cases In Maharashtra
On Monday, cumulative tally surged to 8,590 positive cases with 27 more deaths
The Script Of Disruption And A New Order
Across the globe, the geopolitical and geo-economic fallout of the COVID-19 pandemic could be serious
A Policy Road Map To Tackle Covid-19
The interest of each and the interests of all now coincide, not only within nations but for all humanity
ICMR Says No Payment Made For Chinese Test Kits Supplies
Alleged profiteering by distributors supplying the kits
