Tuesday, April 7, 2020    Updated 1m ago ePaper

Coronavirus Update
Country 183
Bangladesh The World
Infected 117 12,74,923
Recovered 33 2,65,883
Death 13 69,498
Source: IEDCR & WHO.

BCB hopes to overcome  loss from BPL, ICC events

BCB hopes to overcome loss from BPL, ICC events

The Bangladesh Cricket Board is confident that it will recover the financial losses incurred during the Covid-19 lockdown. Unlike many other boards, the BCB hasn't gone for pay cuts for its staff and cricketers, and it is likely to stay that way in the near future as they feel they are better placed compared to other boards, reports Cricbuzz. According to BCB's finance committee chairman Ismail Haider Mallick, they are expecting to recover the lost money from hosting the next edition of the Bangladesh Premier League along with participation in ICC and ACC events, that are yet to be postponed."Fifty percent of our revenue comes from ICC and ACC events and another fifty percent through the domestic tournaments and more precisely through BPL," Ismail told Cricbuzz on Sunday (April 5). "Due to the global economic shutdown we are expecting to lose some 20 to 25 percent of our yearly revenues which amount to around TK 40 Crores."We will be affected if there are no ICC or ACC events and if we fail to host the BPL but as of today that is not the case, so we are expecting to recover the losses through taking part in these events as well hosting the BPL successfully."BCB, though, will be squeezed if the ICC and ACC events don't take place. If the ongoing situation goes on for too long and lasts until October and affects the ICC Twenty20 World Cup in Australia and the Asia Cup in September, BCB's yearly revenue will be chopped into half.Ismail, though, is optimistic. "I don't think that there's much possibility of losing out o...

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