Ian Watmore has pledged the ECB will go ahead with the launch of The Hundred but warned that "nothing is ring-fenced" and redundancies were "inevitable" as the organisation looks to cut costs in light of the Covid-19 pandemic. A replacement will be identified in the coming months. 4h Karthik Krishnaswamy. The ECB shared an update on its financial results for 2019-2020 with its membership at today’s virtual AGM, reporting a record turnover of £228million. ALSO READ | CSA appoints Dillon du Preez as assistant coach of women's team, “What is more concerning is the possibility that our next domestic season is severely disrupted by COVID, too - with more cricket cancelled, played behind closed doors, or with very limited crowds. At this point, we will have two years of losses to recover with only three years left of the current funding cycle, coupled with very severe cash constraints, and a global game in crisis.”. I am certain that no corner of the game will emerge the same. Commenting on today’s news, Colin Graves CBE said: “I am very pleased that Ian’s appointment as Chair has been fully approved by our 41 valued members. Read the commentary, team updates and detailed match info! The coronavirus outbreak forced a cricket shutdown in March and Watmore said ECB has a guaranteed shortfall of 100m this year against a pre-COVID … With the last stage of his appointment process concluded, Mr Watmore will step into the role in September 2020. With coro­n­avirus wreck­ing the in­ter­na­tional and do­mes­tic cal­en­dar, he faces an in­cred­i­bly chal­leng­ing start. That goal is only achievable with the support of the entire game and I look forward to working with the membership and other key stakeholders in delivering our ambitions.”, Commenting, Scott Smith, Chief Financial Officer for the ECB, said, ; ‘’The success of hosting the CWC19 and Men’s and Women’s Ashes on home soil saw us achieve record revenues for the game, and allowed us to distribute more funding across the game than ever before. Ian Watmore has thrown his backing behind The Hundred as he started his tenure as England and Wales Cricket Board chairman, echoing predecessor Colin Graves’ claim that the venture can attract a … While it appears as if the game has bridged the financial gaps, this is ephemeral and the financial day of reckoning is yet to come.”. Jarvis does not directly reference Graves or his comments, but is clear that there is a positive working relationship with the governing body under … Get your daily dose of Sportstar with handpicked stories delivered right to your inbox! He said recovering from the losses of the 2020 season will require a mindset of “same ambition, just less money” but it could get much more serious if the global health crisis continues to affect the game next year as well. Ian Watmore has a distinguished record in business, public life and sport. Mr Watmore’s appointment as Chair-Elect has been made at this time to enable him to shadow his predecessor and ensure a … A message from Ian Watmore to the game as he begins his tenure as ECB Chair. With the impact of COVID-19 these results are somewhat bittersweet, but it is nonetheless extremely positive to know that with the right conditions, the game can continue to grow financial momentum for its stakeholders.’’. The wicket-keeper is the only member of the fielding side permitted to wear gloves and external leg guards. That goal is only achievable with the support of the entire game and I look forward to working with the membership and other key stakeholders in delivering our ambitions.”. ECB chairman, Ian Watmore. View Ian Watmore’s profile on LinkedIn, the world’s largest professional community. His experience and deep passion for cricket will strongly support the progress and cohesion of the game over the next five years. This boost in profit enabled the ECB’s reserves to increase to £17.1million from last year’s £11.2million. Sports­mail’s ex­perts give their views on what the 61-year-old for­mer FA chief ex­ec­u­tive must do to en­sure English cricket sur­vives, re­cov­ers and im­proves… Ian has 12 jobs listed on their profile. To continue enjoying Sportstar, you can turn off your adblocker or subscribe to Sportstar Plus. The England and Wales Cricket Board (ECB) has confirmed that Ian Watmore’s appointment as Chair was ratified at its Annual General Meeting (AGM) which took place virtually today. Syn-Pro by SISIS Cricket Groundcare Machinery, by ECB & Cricket World  Tuesday 2 June 2020. Watmore was a member of the advisory board of Westminster Business School from 2010 to 2013, and has been a board member of the Information Commissioner's Office since 2012. Free Trial users will have exclusive access to the following: CSA appoints Dillon du Preez as assistant coach of women's team, Australia regains top T20 ranking with win over England, No captaincy thoughts as Markram looks for reset in Test cricket, K. L. Rahul retains third position in ICC T20I rankings, ICA nominates Pragyan Ojha to the IPL Governing Council, A-League season-opener delayed after COVID-19 outbreak, ISL 2020-21: Jamshedpur FC vs FC Goa - Head-to-head record, match stats updates, players to watch out for, ISL 2020-21, Jamshedpur FC vs FC Goa: Predicted playing XI, fantasy 11, team news and formation, ISL 2020-21: Familiar concerns plague Odisha, Gallego adds new dimension in attack for NEUFC. The England and Wales Cricket Board will explore a claim that chairman-elect Ian Watmore left his previous job following an allegation of misconduct. Lord Patel was involved in a number of significant changes during his term, most notably the creation of the 2018 action plan to engage South Asian audiences, in addition to establishing the ECB’s Governance Committee and being a key voice in the creation of the Inspiring Generations Strategy. 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