Cricket South Africa has potentially avoided being derecognised and defunded by the country's sports ministry after agreeing to adopt a new Memorandum of Incorporation (MOI).
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Cricket South Africa has potentially avoided being derecognised and defunded by the country’s sports ministry. This boost comes on the back of an agreement over a new Memorandum of Incorporation (MOI) being adopted. The MOI will include a framework for a majority independent board. The Members’ Council and the Interim Board of Cricket South Africa met on Monday to deal with all outstanding issues related to amending CSA’s Memorandum of Incorporation (MOI). The new MOI will result in a governance model best suited for South Africa and internationally being adopted.
Acting President of the Members’ Council, Mr Rihan Richards said, “The Members’ Council is pleased to have been part of a thorough and fruitful consultative process today.”
“Today is a historic day for cricket in South Africa and we look forward to being part of a new governance structure for cricket and playing our part in ensuring sound administration of the game we hold so dear. I am grateful to my Members’ Council colleagues and the Interim Board for ensuring that we avert a proposed ministerial intervention which would have caused cricket in our country irreparable harm,” he added.
Dr Stavros Nicolaou, who is the chairman of the Interim Board termed it as “an important milestone.”
“Today we reached an important milestone, and I am delighted that the Members’ Council and the Board reached agreement on a new governance structure,” he said.
“We have now successfully managed to fulfill the mandate given to us by Minister of Sport, Arts and Culture, Mr Nathi Mthethwa. We trust that this important agreement will give confidence to all cricket’s stakeholders specifically, players, staff, sponsors and all in the country who love the game of cricket. We owed it to our country to find a solution to cricket’s governance challenges, added Nicolaou.
The Members’ Council and the Interim Board will be sharing the amended MOI with all cricket’s stakeholders including South African Sports Confederation and Olympic Committee (SASCOC). This decision has been taken keeping in mind the importance of ensuring transparency.
It will certainly be a huge relief for all the fans as well as cricketers out there, considering the potential havoc this issue was capable of.
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