ICC sanctions USD 12.82 million loan for Cricket West Indies

ICC sanctions USD 12.82 million loan for Cricket West Indies

Cricket West Indies will receive a loan from the ICC as part of governance, membership and member support changes announced by the global body.

Following its annual meetings in Edinburgh, several decisions pertaining to member bodies were taken, including financial aid to West Indies cricket.

Mauritius has been named the ICC's 111th member, adding to its 12 Full Members and 98 other Associate members. ICC announced that Reinstatement Conditions for Cricket Canada have been approved, which need to be met before the existing suspension can be lifted.

ICC received updates from Sri Lanka Cricket on a revised constitution. Sri Lanka Cricket will not be able to represent at ICC board meetings until elections are held. France Cricket has been placed on notice for breaching ICC membership criteria.

Support for West Indies Cricket

Cricket West Indies have been handed a USD 12.82 million loan by the ICC. The board, which has faced financial hurdles for several years, has been seeking ICC support.

As per audited financial statements for the year ending September 30, 2025, CWI recorded a net loss of USD 28 million, following a net profit of USD 24 million the previous year. With a forecast of USD 26 million loss in the 2026 cycle, CWI's statements had indicated loan financing from the ICC, along with commercial banking credit facilities. That has now materialised.

In 2012, the then-West Indies Cricket Board received assisted funding alongside Zimbabwe from the ICC. In 2020, Cricket West Indies received a USD 3 million loan from the ECB, which was duly paid back.

Two new subcommittees established

The ICC board has established two new subcommittees: the Governance Review Committee and the Franchise League Committee.

The Governance Review Committee comprises Devajit Saikia (BCCI), Dr Mohammed Moosajee (Cricket South Africa) and Dr Ros Rivaz (ICC Independent Director).

The Franchise League Committee comprises Tamim Iqbal (Bangladesh Cricket Board – Chair), Dr Rudie van Vuuren (Cricket Namibia), Devajit Saikia (BCCI), Richard Gould (ECB) and Todd Greenberg (Cricket Australia).