LEFT ARM OVER
NEIL MANTHORP: Suits caught short, but Proteas still very much in the game
Just as SA’s on-field future began to look brighter than many might have predicted six months before the World Cup, it was confirmed by a Cricket SA delegation in parliament that the game is heading for a forecast loss of around R650m over the next four years. The problem with that sort of financial outlook is that those already invested in the game become understandably reluctant to remain involved. Whereas Cricket SA and its board members may back themselves to fight their way to sustainability, even profitability, it is the fiduciary duty of large sponsors not to endanger their own futures. The game may well be able to turn itself around, but four years of heavy losses is a long time to endure a famine for companies with their own boards and shareholders to answer to. It was unclear whether the predicted shortfall between revenue and expenditure included the inevitable hundreds of millions it will cost for the Mzansi Super League to establish itself, but it almost doesn’t matter....
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