The International Cricket Council (ICC) is set to establish a multi-million dollar fund aimed at preserving the future of Test cricket.
This move comes in response to the growing financial allure of T20 franchise leagues, which has been pulling talent away from the longest format of the game.
According to British media reports, the ICC is considering dedicating at least $15 million to support Test cricket. The fund aims to increase match fees for Test players and counter the migration of talent to lucrative T20 leagues.
The initiative, proposed by Cricket Australia, has garnered strong support from BCCI Secretary Jay Shah, a leading contender for the next ICC Chair, as well as backing from the England and Wales Cricket Board (ECB).
The proposed fund will help raise the minimum match fee for Test players and cover expenses for overseas tours, particularly aiding cricket boards like the West Indies, which struggle to compete with the financial incentives offered in global T20 tournaments.
The fund is expected to ensure that Test players receive up to $10,000 per match, making it financially viable for struggling nations to continue participating in Test cricket.
Cricket Australia’s Chairman, Mike Bird, endorsed the concept, emphasizing the need to remove obstacles and elevate the quality of Test cricket.
However, it’s noted that the three wealthiest cricket boards—India, Australia, and England—are unlikely to benefit from this fund as they already compensate their players generously.
The success of this initiative will also depend on resolving financial disputes with the ICC’s broadcasting partners.