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SBD Global/October 14, 2013/Events and Attractions
Board Of Control For Cricket In India, Cricket South Africa Reach Tour Agreement
Published October 14, 2013
CSA BANKING ON FULL TOUR: The INDEPENDENT ONLINE reported CSA may "currently be in a relatively healthy financial state, but for that to continue they're heavily dependent on India undertaking a full tour here this summer." CSA announced a loss of R133M ($13M) for the financial year that ended April 30. New Zealand and Pakistan, which toured "here last summer," are not teams deemed "sexy" enough by int'l TV stations, "hence the loss." This summer, "though, sees India and Australia tour, and next year's financial statements will hopefully reflect a profit." CSA draws the "majority of its income from broadcast rights, especially with international broadcasters." This year's income was just more than R159M ($16M), down from '12, when it "raked in" more than R276M "on the back of a season" that included a shortened tour by Australia (INDEPENDENT ONLINE, 10/13).