Covid-19 Impacts BCCI, Pay-cuts and Layoffs on the Cards: Report
Despite stiff financial constraints during the pandemic, the Board of Control for Cricket in India (BCCI) has successfully managed to save jobs of its employees. Well no longer.
Despite stiff financial constraints during the pandemic, the Board of Control for Cricket in India (BCCI) has successfully managed to save jobs of its employees. Well no longer. If a senior official is to be believed, BCCI is soon going to adopt cost-cutting measures if the situation doesn’t improve by the day. "We are yet to discuss the issue of salary cuts. But we will deliberate on the issue in a meeting and discuss how much will be the impact of all these things, and after keeping all that in mind we will take a call," the official told news agency IANS.
"Yes, there are chances of pay-cuts or layoffs as well," he made it very very clear. The Corona Virus pandemic saw sports bodies and professional teams operating on a tight leash. As a result, staff were laid off on a quick notice. No audience meant no gate receipts which severely impacted the revenues of large sporting organisations. Organisations like Cricket Australia,Windies Cricket, ECB and NZC have already reduced the salaries of players and staff.
Earlier BCCI treasurer Arun Dhumal had hinted that the future of its employees now depends on the 13th edition of the Indian Premier League (IPL). The richest cricket board in the world has managed to stay afloat without any lay off but did cost-cutting measures on the travel and hospitality front. "We will discuss it since the IPL is happening now. A lot will depend on the success of IPL as well. Title sponsorship deal (of Rs 222 crore) is not that huge compared to previous one (Vivo's Rs 440 crore). So let's see what can be done with minimum damage," the official added.
Covid-19 Impacts BCCI, Pay-cuts and Layoffs on the Cards: Report
Despite stiff financial constraints during the pandemic, the Board of Control for Cricket in India (BCCI) has successfully managed to save jobs of its employees. Well no longer.
Despite stiff financial constraints during the pandemic, the Board of Control for Cricket in India (BCCI) has successfully managed to save jobs of its employees. Well no longer. If a senior official is to be believed, BCCI is soon going to adopt cost-cutting measures if the situation doesn’t improve by the day. "We are yet to discuss the issue of salary cuts. But we will deliberate on the issue in a meeting and discuss how much will be the impact of all these things, and after keeping all that in mind we will take a call," the official told news agency IANS.
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"Yes, there are chances of pay-cuts or layoffs as well," he made it very very clear. The Corona Virus pandemic saw sports bodies and professional teams operating on a tight leash. As a result, staff were laid off on a quick notice. No audience meant no gate receipts which severely impacted the revenues of large sporting organisations. Organisations like Cricket Australia,Windies Cricket, ECB and NZC have already reduced the salaries of players and staff.
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Earlier BCCI treasurer Arun Dhumal had hinted that the future of its employees now depends on the 13th edition of the Indian Premier League (IPL). The richest cricket board in the world has managed to stay afloat without any lay off but did cost-cutting measures on the travel and hospitality front. "We will discuss it since the IPL is happening now. A lot will depend on the success of IPL as well. Title sponsorship deal (of Rs 222 crore) is not that huge compared to previous one (Vivo's Rs 440 crore). So let's see what can be done with minimum damage," the official added.
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