The ICC Board agreed a package of measures to enable Zimbabwe Cricket (ZC) to stabilize it’s business and allow cricket to flourish in the country.
Zimbabwe Cricket have now complied with a number of conditions recently set by the ICC Board in relation to their financial situation.
As such, the Board confirmed a rearrangement of ZC’s funding that will assist with the service of its existing debts, whilst the remainder of the funding will only be released on a controlled basis.
ICC management will work with Zimbabwe Cricket to develop a plan for managing its cricketing, management and financial structures which will be reviewed on an ongoing basis.
ICC chairman, Shashank Manohar, said: “I am satisfied we have mapped out a way forward to enable Zimbabwe Cricket to get back on track.
“It will require significant change to their financial, managerial and cricketing operations, along with support from the ICC, but we saw the latent potential of cricket at the recent ICC Cricket World Cup Qualifier in Zimbabwe and this gives us the opportunity to build on that.”
However, Zimbabwe are currently hosting a T20I tri-series against Australia and Pakistan without some of their best players due to a pay dispute with the board.
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