SLC financial situation

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Joined: 14 Apr 2012
Runs: 419

Hey Guys,

There is a lot of discussions about SLC financial issues and mismanagement but I feel that these discussions are not adequately informed by facts. Whether we are on one side or the other with regard to any viewpoint, it will help all of us to better our understanding if we have access to the proper facts. It is my gut feeling :) that perhaps these facts are not easily accesible

Hence this forum topic ; i thought it would be great for all of us if we post any data related to SLC costs, revenues, accounts etc on this forum so that all of us could look at them and be better informed.

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Um... Can you point to an

Um... Can you point to an article out of the many hundreds that exist on SLC's financial woes which are not based on facts? Almost all media organizations have mentioned it for more than one year? Why do you think it is not based on facts??

Joined: 14 Apr 2012
Runs: 419
An example...

http://www.espncricinfo.com/sri-lanka-v-...

Now when I read this article, few questions come to my mind....
1) How much revenue does SLC get annually from IPL player commissions?
2) How much revenue would we have got from a 2 test series against West Indies?
3) How much do we annually pay our first class cricketers?
These are just a few examples from the most recent article i read. and want to emphasize criticising the author or the article is not my intention. he has mentioned a few facts but i dont think it gives a complete picture (perhaps not the focus of his article) and then we (ppl who comment) get into discussions based on our viewpoints.

I feel frustrated that we dont have all the data when we talk about these things. and again, facts may show either i or anyone else is right or wrong. it doesnt matter as long as we are better informed and not going around in circles

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A few answers to your QS

I would like to post a more comprehensive reply to your questions, Slion. Give me a few days and I will compile what I know.

1. 10% - both players and agents have confirmed this to me in the past. But it also has been widely reported by a number of media organisations.

Nishantha Ranatunga said it,

"According to SLC Interim Committee secretary Nishantha Ranatunga the BCCI now has agreed to pay 10% over the players’ fees to the Lankan authorities as a royalty payment."

http://www.sundaytimes.lk/110116/Sports/...

2. Not as much as the IPL would pay the board. Plus, it would cost SLC money, which they don't have, to pay players to play Test matches. Will give you the exact amount in a few days.

3. Will get more details soon.

Joined: 14 Apr 2012
Runs: 419
Thanks

Thanks Hilal, i would really appreciate it. Btw do you know where we can find SLC accounts (audited or otherwise) for the last few years or is that not publicly available.

Joined: 14 Apr 2012
Runs: 419
australian contract details for 2012
Joined: 14 Apr 2012
Runs: 419
australian contract details for 2012

The list is topped by captain Michael Clarke, who will earn a base salary of about $2 million but will pocket much more when his captain's allowance and match fees are taken into account.

Under a new pay agreement signed with the Australian Cricketers' Association, the minimum CA retainer contract is worth $230,000, with performance payments, including $14,000 for each Test match, $5600 for a one-day international and $4200 for a Twenty20 international.

CA confirmed a change in the players' share of the revenue model from a fixed 26 per cent to a variable model where players will earn between 24.5 and 27 per cent annually dependent on the performances of the Australian teams

Read more: http://www.smh.com.au/sport/cricket/clar...

Joined: 14 Apr 2012
Runs: 419
Champions League Income

Media rights of the Twenty20 event were sold to ESPN-Star Sports for USD 900 million in 2008, in a decade-long deal, and CA has a one-third share in the tournament with India (50 percent) and South Africa (17 per cent). The annual dividend to CA is about USD 6 million.

http://articles.timesofindia.indiatimes....

Joined: 14 Apr 2012
Runs: 419
Comparison of 2010 central contracts

Australia: £400,000
England: £400,000
South Africa: £105,000
India: £82,500
West Indies: £77,250
Sri Lanka: £77,250
Pakistan: £22,500
Bangladesh: £12,000

(Seems to be the values of the top contracts)
http://www.dailymail.co.uk/sport/cricket...

(Last edited by Theekshana Somaratna on March 5, 2013 - 13:44)
Joined: 14 Apr 2012
Runs: 419
Indian Contracts for 2012

The Indian board awarded contracts to 37 of India's best players, with nine getting Grade A (Rs 1 crore, around $186,000) , eight in Grade B (Rs 50 lakh, around $93,000) and 20 Grade C contracts (Rs 25 lakh, around $46,500).

http://www.espncricinfo.com/india/conten...

Fees per Test Match: Rs 7 Lakh ($14k)
Fees per One-Day Internationals: Rs 4 Lakh ($8k)
Fees per Twenty20 Internationals: Rs 2 Lakh ($4k)

http://www.rediff.com/cricket/slide-show...

(Last edited by Theekshana Somaratna on March 5, 2013 - 13:57)
Joined: 14 Apr 2012
Runs: 419
Dhonis cricket income

Only a small portion of that payout, about $3.5 million, comes directly from Dhoni’s on-field play. He has a Grade A national contract with the Board of Control for Cricket in India (BCCI) that pays a base salary of about $200,000, though he also receives match fees and bonuses that boost his national pay well above $500,000 each year.

http://www.forbes.com/sites/chrissmith/2...

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