ACB suffers worst-ever financial crisis

Afghanistan Cricket Board (ACB) is currently suffering the worst-ever financial crisis since the blocked ICC funds. As reported by ESPN Cricinfo, the funds from the global council have not been able to reach the board since July 2021.

Since the Taliban took over the government in August 2021, international sanctions have made it even harder to transmit the funds into the country. As declared by the reports, ACB will now be able to pay only 30% of the salaries to all its employees, including working staff.

ACB has although cleared all the outstanding dues to all the players and the coaches, but the upcoming months portray a financial crisis to cope with. The source dictates,

Based on anticipated ICC revenues of $ 2.7 billion, the funds-disbursement model of the ICC predicted that the ACB would get about $40 million during the 2016–23 commercial rights cycle. However, that has been changed to approximately $4.8 million annually due to a decrease in the ICC's projected revenues.

Full Members of the ICC get their payments twice a year, in the beginning and in the mid. The ICC last made a payment to ACB in July 2021 worth $2.5 Million. Notably, ICC's revenue is the only way of funding and paying salaries since no team visits Afghanistan for bilateral series. Also, the country's T20 league, Shpageeza is not broadcasted anywhere outside Afghanistan.

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