St John's, Antigua, May 30 (UNI) The Cricket West Indies (CWI) has announced a temporary 50 percent salary cut and funding across the entire regional cricket system, effective from the start of July, in order to deal with economic challenges caused by the COVID-19 pandemic.
The decision was taken on Friday after CWI's Board of Directors received recommendations from the Financial Strategy Advisory Committee (FSAC) during a teleconference.
"With no international cricket currently being played anywhere in the world, and with great uncertainty of when regular cricket activity will resume, CWI like many other international sporting organisations worldwide is facing a significant loss of income, whilst also being uncertain of the long-term impact of the crisis on our operations," CWI said in a statement.