BR100 Increased By (0.99%)
BR30 Increased By (0.38%)
KSE100 Increased By (1.06%)
KSE30 Increased By (1.14%)
BECO 5.39 Increased By ▲ 0.07 (1.32%)
BML 56.48 Increased By ▲ 1.39 (2.52%)
BOP 35.09 Increased By ▲ 0.05 (0.14%)
CNERGY 8.17 Increased By ▲ 0.08 (0.99%)
DCL 11.44 Increased By ▲ 0.08 (0.7%)
FCCL 57.55 Increased By ▲ 1.36 (2.42%)
FCSC 5.00 Decreased By ▼ -0.01 (-0.2%)
FFL 17.88 Increased By ▲ 0.20 (1.13%)
FNEL 1.25 Increased By ▲ 0.01 (0.81%)
HUMNL 11.17 Increased By ▲ 0.24 (2.2%)
KEL 8.54 Decreased By ▼ -0.03 (-0.35%)
KOSM 6.73 Increased By ▲ 0.24 (3.7%)
MLCF 106.91 Increased By ▲ 0.40 (0.38%)
NBP 198.50 Decreased By ▼ -1.26 (-0.63%)
PACE 11.07 Increased By ▲ 0.05 (0.45%)
PAEL 45.45 Increased By ▲ 0.45 (1%)
PIAHCLA 31.43 Increased By ▲ 2.86 (10.01%)
PIBTL 19.08 Increased By ▲ 0.81 (4.43%)
PPL 242.62 Decreased By ▼ -1.87 (-0.76%)
PRL 35.67 Increased By ▲ 0.73 (2.09%)
PTC 65.52 Decreased By ▼ -0.30 (-0.46%)
SEARL 94.54 Increased By ▲ 0.49 (0.52%)
SSGC 32.08 Increased By ▲ 1.25 (4.05%)
TELE 8.87 Increased By ▲ 0.17 (1.95%)
THCCL 65.66 Increased By ▲ 0.67 (1.03%)
TPLP 10.73 Increased By ▲ 0.47 (4.58%)
TREET 25.11 Increased By ▲ 0.24 (0.97%)
TRG 63.67 Increased By ▲ 0.31 (0.49%)
WAVES 10.70 Increased By ▲ 0.05 (0.47%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
Sports

England players agree 15% pay cut as pandemic hits ECB revenues

  • The pay cut is made up of match fees, win bonuses and retainers with the 12-month period starting from Oct. 1.
  • We need to recognise that our players, led by captains Joe Root and Eoin Morgan, have conducted themselves with great maturity and responsibility throughout this challenging time,
Published October 23, 2020 Updated October 23, 2020 05:35pm
By

England's cricket players on central contracts have agreed to take a 15% pay cut for 12 months due to the impact of the COVID-19 pandemic on finances, the country's cricket board (ECB) said on Friday.

The pay cut is made up of match fees, win bonuses and retainers with the 12-month period starting from Oct. 1. The agreement was reached between the ECB and the Team England Player Partnership (TEPP).

"We need to recognise that our players, led by captains Joe Root and Eoin Morgan, have conducted themselves with great maturity and responsibility throughout this challenging time," England men's cricket managing director Ashley Giles said.

"We now want to build on this agreement and work together on a number of areas relating to player welfare, particularly mental health, which remains a high priority for all of us, as we continue to navigate a path through this pandemic."

England batsmen Zak Crawley, Ollie Pope and Dom Sibley were among 12 players who were handed central test contracts while all-rounder Tom Curran's increment contract for white ball cricket was upgraded.

The ECB had previously said they had sustained losses of over 100 million pounds ($130.80 million) when professional cricket in the country was suspended for several months due to the novel coronavirus outbreak.

The ECB had implemented short-term cost-cutting measures, including furloughing staff, significant pay reductions and a recruitment freeze at the onset of the financial crisis and said last month they were planning to make 62 positions redundant.

TEPP chairman Richard Bevan said the players had shown "great responsibility and unity with the wider game" in agreeing to take pay cuts during unprecedented times.

Comments

Comments are closed for this article.