India are set to face New Zealand in the fourth ODI at Ranchi and few shocking revelations have been made by a well known JSCA (Jharkhand State Cricket Association) official Rajesh Verma.
The secretary of JSCA has revealed that it would have been impossible for them to host the ODI if not for the hosting rights that helped them mint the money. The Board of cricket Control in India (BCCI) has been regulated from sending any money to state associations as Lodha committee has recently guided the banks to not disburse huge amounts from accounts of BCCI.
This has led to various rumors about calling off some of the matches as the state associations are heavily dependent on BCCI for funds to host the international matches. Ranchi, home of MS Dhoni, is one of the grounds that has come to the limelight in the recent years and have been one of the best venues in the country.
Rajesh Verma has confirmed that they had not received any money from BCCI and are in monetary issues to host the match but the 2 crore INR from hosting rights has helped them in hosting the fourth ODI of the series.
“Yes, without Rs 2 crore from ground rights we would have been in trouble. Not that the JSCA coffers are empty, but profits received from an international match help you nurture your domestic cricket and carry forward the development work. Not getting the BCCI money will stall our cricket. It could have stalled the ODI also, but the ground rights agreement has come to our rescue. Still,we have told some of our vendors that in certain cases payments might be delayed. Over the years we have established a good rapport with our vendors and they are cooperating,” JSCA secretary Rajesh Verma told The Indian Express.
“Our cash reserves are limited and we have so many things to look after – from the Ranji Trophy to age-group events and infrastructure development. We are building two new dressing rooms at the Tata Motors ground at Jamshedpur. We are in talks with Tata Steel for a renovation of the Keenan Stadium. We are looking for land to build a new stadium in Bokaro. Without the BCCI fund, all projects would eventually come to a halt. We have already written a letter to the BCCI about this,” said Verma.
“But if we don’t get the BCCI money for the ODI, the profit margin would be less. Also, in the long run, it would be very difficult for smaller state associations like us to sustain,” he added.