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ZimbabweCU has debts close to $15 million and is facing a huge financial strife.

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01 Aug 2013 11:04 #148791 by chairman
Heavy debts
It's learnt that ZCU has debts close to $15 million and is facing a huge financial strife.

In August last year, the board was evicted from its offices at the Harare Sports Club for non-payment of rent. In January, its various properties were attached by the deputy sheriff after it lost a civil case to a former marketing manager.

Before the Bangladesh team toured in April and May, the Zimbabwe players had to resort to a two-day strike after being offered measly contracts.

Currently ten players, including Ray Price who retired last week, are on central contracts with the remaining offered a winter contract that ends next month.

They were initially offered just $100 per week plus $2 bus fare per day. But after the players protested, ZCU hiked it to between $800-15 00. Even then there is no guarantee the players will get their money on time; at least till now they have not.

Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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01 Aug 2013 11:29 #148803 by chairman
Staying lean
The lack of financial resources meant they to trim their coaching staff when they toured the West Indies earlier this year. Heath Streak, Grant Flower and fitness trainer Lorraine Chivandire were left out despite players openly opposing the step.
This is where the Indian team's short visit holds such importance to them. Unlike when they host Bangladesh, where ZCU's debt grows due to meagre earnings from TV rights, India bring in the moolah.Given their box-office appeal, the ZCU is set to earn $8 million in TV rights for hosting the world champions.
While it may not be enough to cover their debt, it will still go a long way in keeping Zimbabwe cricket afloat.Price, who has seen the upheaval in the last decade, is optimistic of the future.
"Obviously, the Indian tour helps us a slot financially. We will get a huge chunk of money thanks to TV rights. It's never easy when it (non-payment) happens because it becomes hard to concentrate on the game. But hopefully that's a thing of the past. And with Pakistan and Sri Lanka coming later, there are a lot of positive signs for us," he added.

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02 Nov 2013 17:00 #161052 by chairman
i think its time to lift the sanctions. enough is enough. stop punishing the people.

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02 Nov 2013 17:03 #161055 by chairman
its time all teams tour ZIM again.

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02 Nov 2013 17:09 #161056 by chairman
Mugabe is now an old man. STop the politics and get this team back to a top standard.

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02 Nov 2013 17:11 #161057 by Mail
Totally agreed.
The fact is a certain part of the population was aka South Africa and that is not just.
However its leader leaves  a lot to be desired.
Zim to come back.

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02 Nov 2013 17:29 #161065 by Kwami
White countries will not tour there. . When Africans stand try up for themselves , Euro centric countries impose sanctions on them

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02 Nov 2013 20:43 #161106 by Mail
In fact Kwams I was very disappointed we have been reluctant, England, to take actions because of our interests there and that really pisses me off.
Not right but I have to say one has to question how lands came into ownership of the deposed farmers.

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