Kerala Association nets 42.5 lakh profit from ODI

Published: Tuesday, April 9, 2002, 1:05 [IST]
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Kochi: The One-day International match between India and Zimbabwe, held here on March 13, has fetched the Kerala Cricket Association (KCA) Rs 42.5 lakh as net profit.

The profit from this match would be earmarked for cricket development activities and priority would be given towards acquiring a cricket stadium, which is expected to cost around Rs 3 to 4 crore, a release from Dr K N Raghavan, general convener of the tournament, said here. Owing to various reasons including the adverse economic situation in the state and lack of a full-strength Indian team, ticket sales were not as buoyant as was expected, he said.

The total revenue generated was Rs 112.5 lakh including donations from patrons. He said the expenditure included Rs 20 lakh given as rent to Greater Cochin Development Authority towards the stadium and Rs 20 lakh to BCCI as guarantee money. Other expenses including pitch preparation and maintenance of stadium and public amenities, security, transport, food and accommodation amounted to Rs 30 lakh, he said. He said KCA would explore the possibility of conducting a match under floodlights if it was allotted.

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