Unlike, IPL in India where fan love to see their player performing for their team. The big news from Cricket South Africa (CSA) will abide a big financial shove from the introductory T20 league in the country which named as the T20 Global League which shows the poor performance. The estimated net losses are to the harmony of the amount up to $25 million, an amount that accounts for more than half its current cash reserves.

As per the 2016-17 monetary statement succumbs by CSA suggested that the board reported a bank balance of $47.8 million by the end of this April. But the costs of pursuing the tournament with reduced revenue and stadium upgrades of $25.5 million swell over three years would push the board back as far as the financials advisers are concerned. The costs are much elevated than what it was originally expected.

Even the income and profit earned from television rights and sponsorship has been reduced from what CSA had once wish something CEO Thabang Moroe definite in Bloemfontein. “The many changes occurred during this, not as significantly as has been reported. Initially, we're looking forward at the total of net revenue of $32 million as far as broadcast and central sponsorship is anxious.

The broadcast deal was due to be completed on Thursday but is still pending and is ordinary to fetch CSA between US $17 and 18 million dollars. The board is also looking to find a title sponsor while reducing costs on everything from the opening and closing ceremony to marketing.

For South Africa, a lot will now depend on the tours from India and Australia so as to pump up the depleted reserves. Ironically, the point of the Global T20 League was to make the country self-sufficient and not rely on foreign tours and leagues.

Also, read 

Australian skipper Steve Smith got shoulder injury, ruled out of the Twenty20 series

Ranji Trophy: The next big thing arrived - Prashant Chopra

India Legend Sunil Gavaskar unhappy with the Selector.