Australia drive multimillion-dollar fund to save Test cricket

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Australia drive multimillion-dollar fund to save Test cricket
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A proposal to create a fund to counteract the rise of Twenty20 franchise leagues by guaranteeing significant payments to Test players is set to be adopted by the ICC.

An Australian initiative aimed at creating a fund worth $15 million or more to keep the game’s best players in Test cricket looks set to be adopted by the International Cricket Council.

The fund would ensure a minimum Test payment for all players, thought to be $US10,000 , and pay the costs of overseas tours for struggling countries., who raised the concept in January, is delighted it is set to be embraced. Shah was unrepentant about India taking almost 40 per cent of the ICC dividend, driven largely by the vast television rights India generates for being part of world events. By contrast, Zimbabwe gets about three per cent.While Indian cricket also accumulates vast wealth through the IPL and their international matches, Shah claims India supports other countries by touring more than any other Test nation. This generates income for the host nation selling broadcast rights back to India.

Star’s winning bid for both TV and digital rights, $US3 billion over four years, was made on the understanding it would on-sell a portion of the deal to ZeeTV, which was in the process of a merger deal with Sony.But after the collapse of the merger, ZeeTV backed out of sub-licensing the ICC rights, leaving Star to foot the entire bill.

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