Coronavirus: BCCI, Indian players ready for heavy losses

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IMAGE: Indian Team and captain Virat Kohli. Photograph: BCCI Twitter
 
Ashok Malhotra, president of the Indian Cricketers Association, believes that if the loss of thousands of crores in the midst of the ongoing bandh, then domestic players may also have to cut salary.

No Play, no payment!

It may well be the fate of the players, who have signed up for this year’s Indian Premier League, which has been postponed and think the BCCI will be anticipating an alternate window later in the year, with some bilateral commitments with.

A senior IPL official said, “The IPL payment system is that 15 percent is paid a week before the tournament starts. 65 percent is paid more during the tournament. The remaining 20 percent is paid at the end of the tournament. After it is done within the stipulated time, “said a senior IPL official.

“The BCCI has specific guidelines. Obviously, no player will be paid now,” he said.

In fact, the economic impact of a season without the IPL could be huge, affecting Ashok Malhotra, president of the BCCI Players’ Body – Indian Cricketers Association.

He feels that even if there is a loss of thousands of crores of rupees in the midst of the ongoing lockdown to deal with the coronavirus epidemic, the domestic players may have to accept salary cuts.

Right now, the BCCI is looking at an alternate window as the IPL is unlikely in May but nothing concrete has come out.

The country is currently in a 21-day lockdown until 14 April, while the IPL has been postponed to 15 April. The worldwide epidemic has killed more than 37,000 people.

The economic turmoil that has resulted from this has made players in England and Australia accept that they are ready for a pay cut.

Another franchise official clarified that players’ salaries are not insured for any epidemic.

“We will not take any money from the insurance company as there is no involvement in an epidemic clause. The salary of each franchise is between 75 to 85 crores. If there is no action, how can we pay”.

The official, who was at least part of the IPL 10 editions, said, “Players from the English Premier League, La Liga to the Bundesliga, are cutting salaries. Also, there is no certainty anywhere that things will return to normal.”

The two said together that the BCCI needs to see what can be done, although they understand that the parent body is close to Rs 3000 crore.

He said, “It is not just the hypocrites and Kohli who will definitely be affected. They will definitely realize that Rs 20 to 40 or 60 lakhs is a seriously changing money after all the hard work. I hope that BCCI. He has a plan in place, “he said.

BCCI treasurer Arun Dhumal, however, said that at present there is no discussion about salary cuts.

“There has been no discussion on pay cuts. The IPL is apparently the BCCI’s biggest tournament. But at this point, it is very difficult to calculate and estimate losses. The calculation is complex and until the officials get together, we can. ‘ t say anything, “Dhumal said.

However, Malhotra, a former India Test player, believes it should be practical to understand the situation. In the case of domestic players, this may not be a pay cut, but perhaps the much-awaited salary increase may be halted for some time.

“BCCI makes its money from cricket. If cricket is not happening, where will the money come from? We have to be sensible here.”

Malhotra said, “So it will not only affect the international cricketers but also the domestic players. It is not the fault of the board. It is an unavoidable situation.”

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