Wednesday, February 8, 2023

USA Cricket discloses $650K in debts, confirms cancellation of men’s national championships

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Financial audit shows board had net positive assets of $868,000 in 2021, but overspent projected budgets by $1.5 million

The report showed that USA Cricket had net positive assets of $868,000 at the start of 2021, but had subsequently overspent projected budgets by $1.5 million during the calendar year. This included spending $400,000 to host Ireland in December 2021, a series that had not been budgeted for at the start of the year and was only hastily announced in November 2021. The costs were particularly hefty in retrospect considering that it amounted to two just T20Is following the cancellation of the subsequent three-match ODI series due to Covid-19.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: ESPNCRICINFO

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