Zimbabwe Cricket begins financial restructure

Brendan Taylor (AFP)
Brendan Taylor (AFP)

Cape Town - Zimbabwe Cricket (ZC) will let go of "almost all" of its staff members when their contracts expire at the end of August. 

According to Cricinfo, the organisation is getting the ball rolling on a radical financial restructuring in an effort to return some form of economic stability to the sport. 

"These are tough times and tough decisions are required to preserve cricket in Zimbabwe," the website quoted ZC as saying in a statement. 

ZC is in serious debt, but they have been given the backing of the International Cricket Council (ICC) in getting back on the right track. 

The ICC took the decision in June this year to make funds available to ZC as and when required instead of providing the two annual handouts that the rest of the cricketing nations receive. 

As a result of that financial backing, ZC were able to pay a number of their players - Brendan Taylor included - who had gone without pay for 5 months. 

The article adds that the Zimbabwean domestic season is expected to get underway in November as was initially planned.

Zimbabwe are next in action when they take on South Africa in 3 ODIs and 3 T20Is, which get underway on September 30.

 

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