Cricket SA (CSA) have declared a R198m loss for the 2021/2022 financial year.
This was confirmed by the federation at itsIt reported a R221m loss for the previous year. said factors such as Covid-19 and increased spending on South Africa’s revamped domestic structure, which CEO Pholetsi Moseki described as a resounding success, played a big role in the loss.
“The main expense items related to professional cricket at R539m and amateur cricket at R234m ,” he said. Van der Walt said despite the loss, the company has sufficient reserves to meet its obligations for the near future. Meanwhile, TimesLIVE can confirm that about 25 bookies were banned during the recent CSA T20 Challenge in Potchefstroom last month.
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