ECB incurred huge loss of 167 crores, know why

Corona virus is wreaking havoc all over the world. The game of cricket has also not been untouched by this. World’s richest cricket board BCCI, England and Wales (ECB) and Cricket Australia are suffering significant losses. Now in the meantime, the ECB has revealed its loss that they have lost £ 16.1 million this year, which is Rs 167 crore in Indian rupees.

ECB incurred loss of 167 crores

Global epidemic Corona virus As if since the arrival of everything, it seems that only the loss of everything is visible. On the one hand, a large number of people are losing their lives every day. So there is a deep impact on the business and jobs of the people as well, not only that, its effect on cricket is also clearly visible. Cricket boards are going through huge losses.

On Tuesday, the England Cricket Board revealed that due to Corona, it has suffered a huge loss of £ 16.1 million, ie Rs 167 crore in a year. Not only this, in 2016, the ECB announced that it had £ 70 million, but now it has come down to just £ 2.2 million.

Loss caused due to match in empty stadium

Since the arrival of Kovid-19, most of the cricket matches are being held in empty stands ie for closed doors due to security. This is the major reason for the big loss to the England Cricket Board. The English board has suffered a loss of £ 100 million by holding matches throughout the year at the vacant stadium.

It was a matter of comfort for the ECB that if there was a competition within the bio bubble, otherwise the board would have to suffer a loss of £ 380 million. England Cricket Board Chief Financial Officer Scott Smith said that this year is also full of challenges. They said,

“ECB could have suffered more due to international cricket and taking the right decision. The period of uncertainty will continue even further. We hope that every cricket match will be held in the coming summer. From next week, people will be able to come to the stadium and the ECB will earn. ”

Viewers got approval in Britain

ECB

After going through a huge loss, it is finally good news for the England Cricket Board (ECB) that spectators are now allowed to watch the match in the UK. In fact, from June 17, all outdoor matches will be filled with stands with a fixed viewership.

In such Indian Cricket Team And the final match of the ICC Test Championship to be played between the New Zealand cricket team will be played among the audience. After this, India-England also have to play a 5-match Test series.

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