The International Cricket Council (ICC) has confirmed that it will, as part of a controlled payment plan, release funds for Zimbabwe Cricket (ZC) so that the beleaguered cricket board can settle the dues it owes its cricketers and staff.
According to a press release by ZC, the ICC will release an initial payment as part of a plan the details of which are still to be completed.
“Zimbabwe Cricket (ZC) is pleased to announce that the International Cricket Council (ICC) has confirmed the release of funds for the payment of monies owed to current staff and players, including the players match fees,” ZC said in a media release on Saturday.
“The payment is part of an initial payment that forms part of a controlled funding payment plan the full details of which are still to be completed,” it said.
After failing to clear the outstanding salaries of players and support staff by the July 25 deadline, ZC approached the ICC for further financial help. Due to its financial troubles, ZC saw several of its first-choice cricketers including Brendan Taylor, Graeme Cremer, Sikandar Raza, Craig Ervine andSean Williams opting out of a T20I tri-series involving Pakistan and Australia.
“ZC and the ICC are working together to ensure ZC meets the conditions of the ICC-controlled spending process so that the monthly cash distributions from the ICC can be finalised. Payment plan proposals will be discussed and communicated to all outstanding creditors once this process has been concluded,” the release said.