Cricket Australia draws a loan amount of 50 million dollars as safety cover

However, the move has raised questions about CA’s decision to stand down 80 per cent of its staff due to the financial crisis. The board stood down more than 200 staff on 20 per cent pay until the end of June while chief executive Kevin Roberts drawing 80 per cent salary.

ALSO READ: Malcolm Speed seeks clarification from CA CEO Kevin Roberts over financial crisis

The decision, which had saved CA about 3 million dollars, is in question now with the governing body securing 50 million dollars loan. It is also to be noted that Roberts is set to propose to state associations a 25 per cent reduction in grants from CA, the reports said.

While the CA is staring at losing a staggering 300 million Australian dollars in the wake of the pandemic, India’s four-Test tour in December-January could provide relief to the struggling body. Former Test allrounder Shane Watson, who is the president of the Australian Cricketers’ Association Board, will convene a meeting early next week ‘to formalise a position on the state of the game’s finances’.