HEADLINE: CWI to stand firm in wake of new ICC revenue share deals

link CaribbeanCricket.com Joined: Mar 6, 2003
Posts: 9995
5/18/23, 4:30:28 PM 

CHIEF EXECUTIVE officer Johnny Grave said Cricket West Indies (CWI) has written extensive reports to the International Cricket Council (ICC), the sport’s world body, on the issue of its revenue distribution model, and the lure of players away from the international stage to franchise Twenty20 tournaments around the globe.

The issue of the ICC revenue distribution model became topical when it was revealed that under a proposed new deal, the Indian board was projected to collect nearly 40 per cent of net surplus, about US$230 million per year of annual earnings of US$600 million, from the world body’s next four-year commercial cycle.

“There have been no discussions at the ICC chief executives’ committee meetings on the core distributions from 2024 onwards,” Grave said during a virtual news conference following last Thursday’s CWI board meeting.

“Clearly, on the back of improved media rights deals that the ICC have announced a few months ago, we would certainly be expecting more revenue for CWI from ICC, but we are working to assiduously improve all our revenue streams and explore other diverse revenue opportunities, including the investment we have made here in Antigua at the Coolidge Cricket Ground.”

Read more at Jamaica Gleaner

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link imusic Joined: Nov 13, 2002
Posts: 75919
5/18/23, 4:43:38 PM 
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In reply to CaribbeanCricket.com

Improve your cricket. Then maybe you’ll get more revenue

link positiveg Joined: Mar 29, 2007
Posts: 23687
5/18/23, 5:25:08 PM 
In reply to imusic

Not only that
How come over a year now we don't have a team kit sponsor?
And they can't use an excuse you can't get
you can but you can't ask for a lot of money when you know your team ain't doing that well
So work out a one year deal with a renewal option based on the team's performance
so the guys know they too will be responsible for getting more money because they get a share of sponsorship fees.
Even the clothing manufacturer deal seems to be gone through too because Castore doesn't even seem to be the sponsor no more.

link brians_da_best Joined: Nov 13, 2002
Posts: 17863
5/19/23, 12:28:03 PM 
Given the current product, they are certainly getting more money than they deserve

link Courtesy Joined: Apr 16, 2009
Posts: 34524
5/19/23, 12:48:32 PM 
In reply to imusic

Improve your cricket. Then maybe you’ll get more revenue

Yes...it's not rocket science except to say, it must be improved significantly to earn greater public participation and boadly speaking more revenue.

The question is: has CWI got a strategic plan?

Over to you Shallow.

link positiveg Joined: Mar 29, 2007
Posts: 23687
5/19/23, 2:13:07 PM 
In reply to Courtesy

Well based on the Annual report they do have a Strategic plan, can it be implemented as they have it written down is the question.

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