What pre-existing financial ****-ups? Name them. Specifically. They had $54million positive equity in their 2019/20 financial statements, which already covers some pandemic months, these are available online if you care to look at them.
The pandemic hurt their revenue -- although I remain very sceptical of their claims from mid-2020 that were presaged on far more signifcant disruptions to the summer than took place -- because
everyone's revenue got hit. You really have to be living under a rock to think that the pandemic would have not had any significant impact on revenue.
Or does CA's "financial mismanagement" also extend to the AFL:
Pandemic-hit AFL axes 20% of workforce as losses mount - SportsPro Media , the NRL
NRL to face savage job cuts | HRD Australia (hcamag.com) , the English Premier League
Premier League clubs set for £500m collective loss due to coronavirus | Finances | The Guardian , the NFL
NFL teams lost almost $4 billion in revenue due to coronavirus pandemic - CBS News , the NBA
NBA revenue for 2019-20 season dropped 10% to $8.3 billion, sources say (espn.com.au) and every other professional sporting league in the world? You blame entirely vague, unspecified and frankly undocumented "financial **** ups" for CA's
media claims of loss in revenue that have not actually been documented in any financial statement, and think the pandemic is just a lame excuse that explains nothing. Spare me.
You mean aside from the World T20, which was cancelled, the Asia Cup, which was postponed, the Women's World Cup, which was postponed, an English ODI tour of India, which was postponed, New Zealand's tour of Bangladesh, which was postponed, Pakistan and New Zealand tours of Ireland, the postponement of the England/SL series by almost a year, a New Zealand tour of SL which seems to have been canned, an Ireland vs Bangaldesh series to be held in England, a Bangladesh tour of SL, Indian and SL tours of Zimbabwe being flat out cancelled etc etc
Once again, you show an incredible willingness to just flat out ignore documented facts if they don't fit your agenda. The pandemic has thrown all sorts of scheduling curveballs this year, to ignore that difficulty is specious at best and flagrantly dishonest at worst. You throw all these cancelled tours into a single bucket as proof of entirely unspecified "financial mismanagement" without explaining (a) what the point of holding extremely complex T20 only tours logistically would be when those series are clearly meant principally as warm ups for a World T20 that is not happening and (b) what possible practical way there could be to hold the scheduled Aus/NZ ODI series in late January given that the NZ team would almost certainly have had to quarantine for two weeks upon arrival in Australia, maybe the day after the conclusion of their own Test series at most, and then quarantine for
another two weeks upon return to NZ. Something that was openly and publicly explained by
New Zealand in September:
New Zealand home international summer gets green light, but Australia limited-overs tour postponed (espncricinfo.com)
Apparently though NZ not wanting to cram an entire month gap in the middle of their cricket season where their best players are doing
nothing just to play some ODIs is "financial mismanagement" by CA though.
This has absolutely nothing to do with specious claims of "financial mismanagement" and an unspecified proposal to move the BBL "somewhere" ignoring all the reasons everyone has put in this thread as to why that is impossible.
I've said plenty on this topic already, one that I actually care about beyond cheap gotchas.