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 Allan Border asks “Where is the money gone?” says CEO alone not responsible for Cricket Australia crisis

Allan Border asks “Where is the money gone?” says CEO alone not responsible for Cricket Australia crisis

CA CEO Kevin Roberts will be sacked and replaced by an interim head.

By Jatin Sharma - 17 Jun, 2020

Cricket Australia (CA) has been facing a severe cash crunch and has resulted in CEO Kevin Roberts being replaced with an interim official. However, Allan Border, the former captain has said blaming the debacle on just one person is wrong.

"You can't just lump it all on Kevin Roberts. Surely there are other people, particularly the directors of the Australian cricket board. Where's their culpability in all of this?" Border told Fox Sports News.

"It was only a couple of years ago we had a couple hundred million dollars in the bank, then all of a sudden we're broke by August this year? I just can't quite work it out. We're in the off-season as a sport and all of a sudden we're losing money hand over fist from a very strong position just a couple of years ago. I just can't work out where all the money's gone," he said.

Kevin Roberts resigns; Nick Hockley takes over as interim Cricket Australia CEO

Roberts is the third CEO of a major Australian sports body to have resigned in the past two months after Todd Greenberg (NRL) and Raelene Castle (Rugby Australia). This shows that there is a wider problem of finances in Australian sports.

"There's a huge television rights deal. That should be enough to cover expenses, surely, from year to year. To me, it just doesn't ring true that you can be in such a strong position one minute (and then this). So at the end of last season where were, we at financially, and the start of next season hasn't happened yet – so what's happened in the meantime apart from sacking lots of people? Where's the money gone?” Border further said.

The 64-year-old 1987 World Cup winner said that other officials of the board must also be held accountable. "Kevin Roberts has been the CEO through that time … (but) some of the directors have got to be squirming at the moment. At the end of the day, they sign off all those financial decisions. It's not just the CEO. There's got to be some others that fall on their sword as well," he said.

(IANS inputs)

By Jatin Sharma - 17 Jun, 2020

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