Cricket South Africa (CSA) has taken a major financial hit after the governing body posted a loss of R440.6 million, about USD 27 million, for the 2025-26 financial year. The huge loss was largely due to a shorter home summer, a stronger South African rand and lower broadcast income.
However, the overall four-year financial picture is still positive. Since Cricket South Africa works on a four-year cycle, they finished the cycle with a cumulative net profit of around R492.9 million, or USD 30.23 million.
But the main concern is that CSA expects another loss in the 2026-27 season despite several international tours, including the ICC ODI World Cup 2027. Amid this, Quinton de Kock drops F-bomb in fight with Temba Bavuma during SA vs AUS ODI.
Cricket South Africa’s (CSA) 2025-26 season was relatively light, with only three T20Is against the West Indies during the home summer. And then, the Rand strengthened by around 6% against the US dollar over the past year.
This had a major impact on the finances, as per CSA's annual integrated report. On the other hand, CSA’s ICC distribution was recorded at R351 million, around USD 21.52 million, while the governing body also suffered a net foreign exchange loss of R43 million, approximately USD 2.64 million.
All these factors led the Proteas cricket board to face a loss of R440.6 million (approx. USD 27 million) for the 2025-26 financial year. Read Also: David Miller’s 142 vs Australia: All the records broken by South Africa star.
Australia, England tours unlikely to bring profit for CSA this time
The financial pressure could continue in the 2026-27 season. South Africa is scheduled to host Australia, Bangladesh, and England in men's cricket, while India and Australia will tour for women's cricket. Australia's and England’s men's tours had previously been expected to at least break even.
However, CSA does not expect those tours to generate profits this time, mainly because the Rand is expected to remain stronger. Earlier, the CSA CEO, Pholetsi Moseki, also highlighted the fall in broadcast income as one of the biggest reasons for the financial pressure.
Moseki stated, “Unfortunately, the amount of money that we're going to be making is not necessarily where it was a number of years ago. It's a combination of a lot of factors, but the broadcast side has probably been the major impact on that.”
Cricket South Africa described the broadcast environment as the most difficult part of its commercial program. The situation has become more uncertain after Canal+ acquired MultiChoice, the parent company of SuperSport, which is Africa’s biggest sports broadcaster.
MultiChoice has already reduced its workforce by 10% along with other cost-cutting measures. This could affect how much the company is willing to spend on live sports rights.
The 2026-27 season will also be the final year of CSA’s current agreement with SuperSport. CSA is now preparing to discuss long-term partnerships with SuperSport and public broadcaster SABC, using the 2026-27 season and the 2027 ODI World Cup as important opportunities.
CSA also reached a last-minute agreement with Sky Sports to show Australia and England’s tours to viewers in the UK. However, those deals are worth less than similar agreements in previous years.
World Cup 2027 preparations and domestic competitions add huge expense
CSA is also spending heavily on preparations for the ICC ODI World Cup 2027. Around R297 million, approximately USD 18.09 million, has been spent on stadium upgrades.
The money is being used for improvements such as floodlights, internet connectivity, and pitch upgrades. These expenses have added further pressure to CSA’s finances.
The biggest regular expense remains domestic cricket. CSA spends almost R536 million, around USD 32.87 million, on running domestic competitions involving 15 provincial teams.
That cost will increase this season because Division 1 teams will now play 10 first-class matches instead of seven. The Pro20 competition has also expanded to 16 teams, including a South African emerging side. Yet, there are currently no plans to reduce the size of domestic cricket to cut costs.
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