Team India to pay $2 mn for pull out

Updated: 10 January 2008 13:12 IST

Cricket Australia could potentially face losses of up to $50 million. And the ICC can fine India $2 million for refusing to continue the tour.

New Delhi:

It's certainly worth taking a look at the financial cost of pulling out of the Australian tour.

Both the Indian and Australian Boards stand to lose a lot of money in the form of TV Rights, sponsorship agreements and gate-receipts.

Cricket Australia could potentially face losses of up to $50 million. And the ICC can fine India $2 million for refusing to continue the tour.

Under ICC rules, member countries are obliged to fulfill their tour contracts except when the security of the players is at risk, or the touring team's government orders the tour to not proceed.

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Topics : Cricket India
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