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ICC cash makes Cricket SA smile as bumper summer season looms

Cricket South Africa's chief executive officer, Pholetsi Moseki, said their annual International Cricket Council disbursement for the next four years will go a long way to easing their recent financial losses.

CSA's earnings of just over R490 million may be shrivelled compared to the Board of Control for Cricket in India's (BCCI) more than 20 percent share of the ICC's revenue through their finance model, but what they've got has made them happy.

ESPNcricinfo reported in May that the BCCI was set to get 38.50 percent of the revenue share, with no other member getting more than seven percent.

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After last week's annual general meeting in Durban, the ICC didn't release the figures, but Moseki said they were chuffed with what they've earned.

CSA will be receiving the money annually over the next four-year cycle until 2027.

"We never get all of our money from the ICC, but they're a very important contributor to our pool," Moseki told News24.

"Our pool, though, has increased significantly and we're quite happy with that. It's always nice to get more, but compared to what was leaked two months ago, there's a slight improvement.

"It is what it is, but we're definitely happier with what we've got, and it'll help balance the books, especially with the R200 million losses we've been incurring.

"It still remains important for us to get other sources of revenue apart from media rights."

Moseki said there were no qualms with the BCCI getting the lion's share of the revenue as they bring in the bulk of it through their extensive viewership.

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Read more on news24.com