Cricket West Indies (CWI) has been granted a loan of USD 12.82 million by the International Cricket Council (ICC) to provide financial assistance. This move comes as the board continues to navigate persistent financial difficulties that have been a subject of concern for several years, a sentiment frequently echoed by former cricketers.
According to audited financial statements for the year ending September 30, 2025, CWI reported a net loss of USD 28 million, a sharp contrast to the USD 24 million net profit recorded the previous year. With projections indicating a further loss of USD 26 million for the 2026 cycle, the board had identified ICC loan financing and commercial banking credit facilities as essential measures to bridge its funding gap. The approval of this loan marks the fulfillment of those financial plans.
This is not the first time the governing body has stepped in to support West Indies cricket. In 2012, the then-West Indies Cricket Board received assisted funding from the ICC alongside Zimbabwe. Furthermore, during the Covid-19 pandemic in 2020, CWI obtained a USD 3 million loan from the England and Wales Cricket Board (ECB), which was subsequently repaid.
The announcement followed the ICC's annual meetings in Edinburgh, where several other administrative updates were finalized. Notably, Mauritius was officially named the 111th member of the ICC. Additionally, the board approved reinstatement conditions for Cricket Canada, which must be fulfilled before the current suspension of the body can be lifted. The meetings also saw the revamping of the men's ODI and T20 World Cup formats.
In a structural shift, the ICC board established two new subcommittees. The Governance Review Committee will feature Devajit Saikia from the BCCI, Dr. Mohammed Moosajee from Cricket South Africa, and ICC Independent Director Dr. Ros Rivaz. Meanwhile, the Franchise League Committee will be chaired by Tamim Iqbal of the Bangladesh Cricket Board, with members including Dr. Rudie van Vuuren (Cricket Namibia), Devajit Saikia (BCCI), Richard Gould (England and Wales Cricket Board), and Todd Greenberg (Cricket Australia).
