ICC sanctions USD 12.82 million loan for Cricket West Indies

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

Following its annual meetings in Edinburgh, which also marked the revamping of the men's ODI & T20 World Cup formats, several decisions pertaining to member bodies were taken, including financial aid to West Indies cricket.

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

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

Cricket West Indies have been handed out a USD 12.82 million loan as support by the ICC. The board, which has faced financial hurdles for several years, has been seeking ICC support: a sentiment voiced by several ex-cricketers over time.

As per their 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, as ways to close the funding gap. That has now materialised.

Back in 2012, the then-West Indies Cricket Board received assisted funding alongside Zimbabwe from the ICC. In 2020, during the Covid-19 pandemic, Cricket West Indies received a USD 3 million loan from the ECB, which was duly paid back.

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