World Series Cricket II?
+9
horace
brockley
Henry
Blackadder
beamer
tricycle
PeterCS
Brass Monkey
JGK
13 posters
Page 1 of 1
World Series Cricket II?
Michael Clarke and David Warner $50 million targets of new rebel cricket league
April 30, 2015 - 11:00PM
Chris Barrett
Sports Writer
Michael Clarke and David Warner would be offered $50 million contracts as part of a plan hatched by an Indian conglomerate to take on the cricket establishment in a plot that has been likened to Kerry Packer's creation of World Series Cricket nearly 40 years ago.
The Essel Group's owner, Indian billionaire Subhash Chandra, has confirmed ambitions to launch a cricket venture since Fairfax Media revealed last week the business giant had registered company names in Australia and other nations in an apparent bid to launch a rival world governing body and a rich, new global Twenty20 league.
They would need to flex their financial muscle in an extraordinary way to coax the world's leading and best-paid players away from their national boards but it has since emerged their plans included targeting Australian captain Clarke and opener Warner, among other stars. Sources say the plan devised was to lure Clarke and Warner into the rebel structure as priority acquisitions with 10-year contracts worth a staggering $50 million.
Essel's potential raid on cricketers has left the International Cricket Council and aligned bodies such as Cricket Australia on high alert about a pending split in the game, and Fairfax Media can reveal the Indian company is not the only entity which has entertained a challenge to the game's structure.
Former world players' union chief Tim May said on Thursday he had been sounded out by several other organisations about the feasibility of them entering the cricket market in a similar fashion, and pointed to disillusion with the recently restructured ICC financial model that heavily favoured India, Australia and England as a factor.
"There is a general dissatisfaction with the game's governance, how it's run and the inequity of the game's finances and there are other bodies around that would believe they can globalise the game of cricket in a more equitable fashion than the current administration," May said.
Cricket Australia's board will assemble in Melbourne on Friday. The meeting was scheduled before news of Essel's potential power play emerged but directors are expected to be briefed on an ICC investigation into the Essel project and discuss the matter at length.
What exactly Essel has in mind has not been confirmed by Chandra but sources say a global, franchise-based T20 tournament, encompassing established cricket countries as well as new territories such as the United States and China, has been the centrepiece of their plans. The London Telegraph reported this week that a website domain, globalt20.com, was registered by Essel in April and among 249 domains registered around countries that could be tied to a new governing body. One source said Essel, which owns the broadcaster Zee TV and its subsidiary Ten Sports, also planned to maintain longer-form cricket between major countries if the project got off the ground, as well as a Rest of the World team made up of players from other nations. Several billion dollars are said to have been made available to pull it off.
It's yet to be seen how tempting potential offers for the likes of Clarke and Warner would be. Clarke earned $4 million, including endorsements last year according to the Business Review Weekly Top 50 Sports Earners list and while at the age of 34 and on the finishing stretch in his international career a 10-year contract would appear nonsensical his signing would be a coup in itself. Warner, 28, pocketed $3.8 million last year, according to BRW.
Essel's track record in cricket is poor, having still failed to pay out $2m in wages to players including Australians from the shortlived Indian Cricket League it ran from 2007 to 2009. The ICL was also the subject of corruption admissions made by former New Zealand batsman Lou Vincent.
Whether CA will have to look at fortifying its player base in the face of potential approaches is a subject that may need addressing. Australia generally contracts its leading players on an annual basis - there are 19 including Clarke and Warner on the 2015/2016 list. However, as of Thursday they had not been sent their contracts and while they remain unsigned they are technically free agents when their existing contracts expire on June 30.
The founder of the Indian Premier League, Lalit Modi, and his associate Dean Kino, the ex-CA lawyer and formerly a key player in establishing the T20 Champions League, have been strongly linked to the Essel project. Modi admits he was approached about it but denies involvement, as does Kino.
US-based May, the former Australian spinner, is not surprised at the emergence of potential rivals to the ICC on the scene. "If the current administration really wants to protect the game they should look within to see how they can improve their own administration rather than blaming others who merely want to be competitive," he said.
"Any organisation that doesn't meet the highest standards, whether it's in corporate world or sporting world, if there are doubts about the integrity of thier leaders, if they're doubts about how they distribute finances, they're always going to be up for some sort of battle against someone who wants to do the right thing and that is probably what's happening in cricket at the moment."
Who is Subhash Chandra?
Subhash Chandra, 64, is a billionaire media mogul who owns the Essel Group, which controls the TV network Zee Entertainment. The network reaches 730 million viewers in 169 countries.
Chandra is best known for setting up the Indian Cricket League in 2007, mainly because he was annoyed that Zee Entertainment was unable to secure the lucrative television rights to international and domestic cricket in India.
The league gained rebel status because it was not recognised by the International Cricket Council. It targeted older players, including Australians Jason Gillespie, Michael Kasprowicz and Damien Martyn, but instead of being a viable alternative to the Indian Premier League, the ICL crashed into a defunct tournament poisoned by match-fixing and reports of players being underpaid. Chandra is based in Mumbai and, according to Forbes, has a net worth of $3.9 billion, which puts him at number 21 on India's rich list. Among other investments he also owns a newspaper chain and theme parks.
Tom Decent
April 30, 2015 - 11:00PM
Chris Barrett
Sports Writer
Michael Clarke and David Warner would be offered $50 million contracts as part of a plan hatched by an Indian conglomerate to take on the cricket establishment in a plot that has been likened to Kerry Packer's creation of World Series Cricket nearly 40 years ago.
The Essel Group's owner, Indian billionaire Subhash Chandra, has confirmed ambitions to launch a cricket venture since Fairfax Media revealed last week the business giant had registered company names in Australia and other nations in an apparent bid to launch a rival world governing body and a rich, new global Twenty20 league.
They would need to flex their financial muscle in an extraordinary way to coax the world's leading and best-paid players away from their national boards but it has since emerged their plans included targeting Australian captain Clarke and opener Warner, among other stars. Sources say the plan devised was to lure Clarke and Warner into the rebel structure as priority acquisitions with 10-year contracts worth a staggering $50 million.
Essel's potential raid on cricketers has left the International Cricket Council and aligned bodies such as Cricket Australia on high alert about a pending split in the game, and Fairfax Media can reveal the Indian company is not the only entity which has entertained a challenge to the game's structure.
Former world players' union chief Tim May said on Thursday he had been sounded out by several other organisations about the feasibility of them entering the cricket market in a similar fashion, and pointed to disillusion with the recently restructured ICC financial model that heavily favoured India, Australia and England as a factor.
"There is a general dissatisfaction with the game's governance, how it's run and the inequity of the game's finances and there are other bodies around that would believe they can globalise the game of cricket in a more equitable fashion than the current administration," May said.
Cricket Australia's board will assemble in Melbourne on Friday. The meeting was scheduled before news of Essel's potential power play emerged but directors are expected to be briefed on an ICC investigation into the Essel project and discuss the matter at length.
What exactly Essel has in mind has not been confirmed by Chandra but sources say a global, franchise-based T20 tournament, encompassing established cricket countries as well as new territories such as the United States and China, has been the centrepiece of their plans. The London Telegraph reported this week that a website domain, globalt20.com, was registered by Essel in April and among 249 domains registered around countries that could be tied to a new governing body. One source said Essel, which owns the broadcaster Zee TV and its subsidiary Ten Sports, also planned to maintain longer-form cricket between major countries if the project got off the ground, as well as a Rest of the World team made up of players from other nations. Several billion dollars are said to have been made available to pull it off.
It's yet to be seen how tempting potential offers for the likes of Clarke and Warner would be. Clarke earned $4 million, including endorsements last year according to the Business Review Weekly Top 50 Sports Earners list and while at the age of 34 and on the finishing stretch in his international career a 10-year contract would appear nonsensical his signing would be a coup in itself. Warner, 28, pocketed $3.8 million last year, according to BRW.
Essel's track record in cricket is poor, having still failed to pay out $2m in wages to players including Australians from the shortlived Indian Cricket League it ran from 2007 to 2009. The ICL was also the subject of corruption admissions made by former New Zealand batsman Lou Vincent.
Whether CA will have to look at fortifying its player base in the face of potential approaches is a subject that may need addressing. Australia generally contracts its leading players on an annual basis - there are 19 including Clarke and Warner on the 2015/2016 list. However, as of Thursday they had not been sent their contracts and while they remain unsigned they are technically free agents when their existing contracts expire on June 30.
The founder of the Indian Premier League, Lalit Modi, and his associate Dean Kino, the ex-CA lawyer and formerly a key player in establishing the T20 Champions League, have been strongly linked to the Essel project. Modi admits he was approached about it but denies involvement, as does Kino.
US-based May, the former Australian spinner, is not surprised at the emergence of potential rivals to the ICC on the scene. "If the current administration really wants to protect the game they should look within to see how they can improve their own administration rather than blaming others who merely want to be competitive," he said.
"Any organisation that doesn't meet the highest standards, whether it's in corporate world or sporting world, if there are doubts about the integrity of thier leaders, if they're doubts about how they distribute finances, they're always going to be up for some sort of battle against someone who wants to do the right thing and that is probably what's happening in cricket at the moment."
Who is Subhash Chandra?
Subhash Chandra, 64, is a billionaire media mogul who owns the Essel Group, which controls the TV network Zee Entertainment. The network reaches 730 million viewers in 169 countries.
Chandra is best known for setting up the Indian Cricket League in 2007, mainly because he was annoyed that Zee Entertainment was unable to secure the lucrative television rights to international and domestic cricket in India.
The league gained rebel status because it was not recognised by the International Cricket Council. It targeted older players, including Australians Jason Gillespie, Michael Kasprowicz and Damien Martyn, but instead of being a viable alternative to the Indian Premier League, the ICL crashed into a defunct tournament poisoned by match-fixing and reports of players being underpaid. Chandra is based in Mumbai and, according to Forbes, has a net worth of $3.9 billion, which puts him at number 21 on India's rich list. Among other investments he also owns a newspaper chain and theme parks.
Tom Decent
JGK- Number of posts : 41790
Reputation : 161
Registration date : 2007-08-31
Flag/Background :
Re: World Series Cricket II?
"Sources say the plan devised was to lure Clarke and Warner into the rebel structure as priority acquisitions with 10-year contracts worth a staggering $50 million. "
Michael Clarke would hardly last a season. 10 years? Shit, they may as well sign me up...
Michael Clarke would hardly last a season. 10 years? Shit, they may as well sign me up...
Re: World Series Cricket II?
YOU CAN NOT BE SERIES.
The Indian League of Leagues - dedicated to digging in, blocking it and proper cricket?
The Indian League of Leagues - dedicated to digging in, blocking it and proper cricket?
PeterCS- Number of posts : 43743
Reputation : 104
Registration date : 2008-05-23
Flag/Background :
Re: World Series Cricket II?
So Subhash Chandra's still pissed at being f*cked over by the BCCI for the television rights.
tricycle- Number of posts : 13349
Age : 24
Reputation : 54
Registration date : 2011-12-17
Flag/Background :
Re: World Series Cricket II?
Yeah, more ICL 2 than WSC 2 I suspect.
beamer- Number of posts : 15399
Reputation : 74
Registration date : 2007-09-03
Flag/Background :
Re: World Series Cricket II?
No way that sort of money can be sustained long term.
Blackadder- Number of posts : 3959
Age : 49
Reputation : 12
Registration date : 2008-12-27
Flag/Background :
Re: World Series Cricket II?
"Essel's track record in cricket is poor, having still failed to pay out $2m in wages to players including Australians from the shortlived Indian Cricket League it ran from 2007 to 2009. The ICL was also the subject of corruption admissions made by former New Zealand batsman Lou Vincent."
Who would trust them after that? And if they are able to pay $50 million contracts, why not just resolve the ICL player wages (comparatively loose change) immediately to restore credibility?
Who would trust them after that? And if they are able to pay $50 million contracts, why not just resolve the ICL player wages (comparatively loose change) immediately to restore credibility?
Henry- Number of posts : 32891
Reputation : 100
Registration date : 2007-08-31
Flag/Background :
Re: World Series Cricket II?
With a 10 team World Cup and t20 World cup 10 teams thats the associates gone.
looking at the boards windies owe 42 million,Zimbabwe in debt,south africa quotas 6 non white players,srilanka interim board icc witholding their funds of 10 mill,pakistan no one will play them at home.
The big 3 have a big pay rise so the other boards take a cut and so do the associates.
I think its ripe for a takeover.
looking at the boards windies owe 42 million,Zimbabwe in debt,south africa quotas 6 non white players,srilanka interim board icc witholding their funds of 10 mill,pakistan no one will play them at home.
The big 3 have a big pay rise so the other boards take a cut and so do the associates.
I think its ripe for a takeover.
brockley- Number of posts : 1158
Reputation : 1
Registration date : 2007-09-09
Flag/Background :
Re: World Series Cricket II?
Banindia
horace- Number of posts : 42573
Age : 114
Reputation : 90
Registration date : 2007-09-06
Flag/Background :
Re: World Series Cricket II?
Henry wrote:"Essel's track record in cricket is poor, having still failed to pay out $2m in wages to players including Australians from the shortlived Indian Cricket League it ran from 2007 to 2009. The ICL was also the subject of corruption admissions made by former New Zealand batsman Lou Vincent."
Who would trust them after that? And if they are able to pay $50 million contracts, why not just resolve the ICL player wages (comparatively loose change) immediately to restore credibility?
Aye. Gilly was on the Nooz saying steer clear of this clown.
skully- Number of posts : 105969
Age : 112
Reputation : 246
Registration date : 2007-08-31
Flag/Background :
Re: World Series Cricket II?
brockley wrote:With a 10 team World Cup and t20 World cup 10 teams thats the associates gone.
looking at the boards windies owe 42 million,Zimbabwe in debt,south africa quotas 6 non white players,srilanka interim board icc witholding their funds of 10 mill,pakistan no one will play them at home.
The big 3 have a big pay rise so the other boards take a cut and so do the associates.
I think its ripe for a takeover.
Zim are touring Pak later this month.
taipan- Number of posts : 48416
Age : 123
Reputation : 115
Registration date : 2007-08-31
Flag/Background :
Re: World Series Cricket II?
the new Stanford
Nath- Number of posts : 11974
Age : 44
Reputation : 52
Registration date : 2007-09-04
Flag/Background :
Re: World Series Cricket II?
to me that translates as "money money money..."
Ethics? The Gall!- Number of posts : 1911
Reputation : 10
Registration date : 2012-08-23
Flag/Background :
Re: World Series Cricket II?
In a weird way, Zimbabwe are caught in the eye of this storm. India's tour to Zimbabwe may be postponed to next year as the essel group are the rights holders for Zimbabwean cricket. They also hold the rights for Sri Lanka, Pakistan, South Africa and West Indies.taipan wrote:brockley wrote:With a 10 team World Cup and t20 World cup 10 teams thats the associates gone.
looking at the boards windies owe 42 million,Zimbabwe in debt,south africa quotas 6 non white players,srilanka interim board icc witholding their funds of 10 mill,pakistan no one will play them at home.
The big 3 have a big pay rise so the other boards take a cut and so do the associates.
I think its ripe for a takeover.
Zim are touring Pak later this month.
In the end, just hope that they're not put completely out of the sport telecast business. Their golf channel is good.
tricycle- Number of posts : 13349
Age : 24
Reputation : 54
Registration date : 2011-12-17
Flag/Background :
Re: World Series Cricket II?
demand cash up front.
Nath- Number of posts : 11974
Age : 44
Reputation : 52
Registration date : 2007-09-04
Flag/Background :
Re: World Series Cricket II?
According to the Age Essel spoke to Aussie players at IPL,CA and BCCI sleeping at the wheel.
brockley- Number of posts : 1158
Reputation : 1
Registration date : 2007-09-09
Flag/Background :
Similar topics
» World Series Cricket
» World Series of Poker
» Cricket All-Stars Series
» India-Pak cricket series all but cancelled
» World cricket's best hookers?
» World Series of Poker
» Cricket All-Stars Series
» India-Pak cricket series all but cancelled
» World cricket's best hookers?
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|
Yesterday at 15:10 by skully
» Jesus, this place is dead (II)
Yesterday at 15:08 by skully
» Rugby League 2024
Yesterday at 15:07 by skully
» The Football (soccer) thread
Wed 15 May 2024, 09:47 by skully
» Celebrity Death List MMXXIV/The Death Thread 2024
Tue 14 May 2024, 22:01 by lardbucket
» Sheffield Shield 2024/25
Tue 14 May 2024, 10:25 by embee
» Apology
Mon 13 May 2024, 09:41 by Nath
» English Domestic Season 2024
Mon 13 May 2024, 02:21 by skully
» How far can Jimmy go?
Sun 12 May 2024, 10:07 by lardbucket