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Do we have suggestions to clear off the heavy ZC debt?

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Now that the political tides are turning, what are the logical ways in which ZC can plan to clear off the apparent $19 million debt? That would help us plan our future so much better.

Any constructive suggestions?

Given that ZCF is frequented by quite a few folks that matter, meaningful suggestions could be taken up from here if they are made available...
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TapsC wrote: ↑Sat Nov 25, 2017 8:21 am

I will agree that we need to actually get a breakdown of how exactly this debt built up. we spent a lot of money for that t20 comp. who organized it? and even getting foreign guys to coach local teams was expensive. the spending at that time was extremely reckless

As is the spending under the Pakistani.

Guys here don't want to acknowledge that ZC debt only spiralled out of control when AC became part of itd, an that things are actually getting worse under the Pakistani.

Most competent journos will give you breakdowns under a particular President or Finance Minister or Reserve Bank Governor. These ones will give you nothing and hide under empty excuses about "unaudited financials" yet every sports organisation submits reports to SRC and Parly.

The fact of the matter is journos are simply protecting people, and it's not Bvute and Chingoka.

I remember a white South African company got the deal to install electronic scoreboards, out-not out signals etc, plus accommodation, holiday, allowances etc, for execs and workers. Over and above the actual cost other items! Just for a freaking scoreboard! Then people will tell you AC got grounds maintained. Recall his own crazy personal demands when he was sacked or rejected by ZC?
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brmtaylor.com admin wrote: ↑Sat Nov 25, 2017 12:47 pm

I don't think any of them came for huge money. As I said it was before the franchise "league" craze took off around the globe.

I think one of the players (Greg Smith) just happened to be in the region, made a few phone calls and rocked up to play. It was hardly like it was raining money, although by Zimbabwe standards it was probably a rather expensive tournament.

Let's have the exposé then!

Why have Liam and Tristan been writing junk all these years then if they are sitting on such harmless info?
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I read on this forum years ago Lara was paid 20k. Before financier lee was a huge talking point here. But he didn’t play the whole season and ended up, or was asked to, make it up with speeches and coaching clinics
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Shouldn't the question be: how do you get the ZC making more money?

Sure, clearing debt, cutting costs, etc are important things to do but ultimately useless if you can't get more money. In the short term, getting more sponsors, tv contracts is the only way. Long term though, it's about making the team competitive and hospitable (i.e. no more dilapidated facilities) which feeds into an attractive product (more lucrative tv contracts, more bums on the seats, better media coverage) and hence more India, Eng and Aus tours.

As an aside, there could be a shorter, pie in the sky, expensive route. ZC should do a thorough, professional review and then approach Kwese TV. Owned by a wealthy Zimbo who might be willing to take an initial loss and a potential long term gain provided he trusts the people in charge, he can buy out the current tv contract (or sub lease it), then in addition broadcast domestic cricket (a modest but relatively lucrative T20 tournament plus Logan Cup). Many of us overseas will pay for access to a tv app if the money will be used correctly.

We can all dream, hey?
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May be cricket_22001 was right. I should never have started this thread. The idea was to gather ideas to get to clean slate quickly, not the same old Bvute did this AC did that nonsense.


Boundary wrote: ↑Sat Nov 25, 2017 1:56 pm

Shouldn't the question be: how do you get the ZC making more money?

Sure, clearing debt, cutting costs, etc are important things to do but ultimately useless if you can't get more money. In the short term, getting more sponsors, tv contracts is the only way. Long term though, it's about making the team competitive and hospitable (i.e. no more dilapidated facilities) which feeds into an attractive product (more lucrative tv contracts, more bums on the seats, better media coverage) and hence more India, Eng and Aus tours.

As an aside, there could a shorter, pie in the sky, expensive route. ZC should a thorough, professional review and then approach Kwese TV. Owned by a wealthy Zimbo who might be willing to take an initial loss and a potential long term gain provided he trusts the people in charge, he can buy out the current tv contract (or sub lease it), then in addition broadcast domestic cricket (a modest but relatively lucrative T20 tournament plus Logan Cup). Many of us overseas will pay for access to a tv app if the money will be used correctly.

We can all dream, hey?


And very much this too. Planning towards making money as well. But yeah, unfortunately, we won't be getting more posts like this one...
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I like the Kwese idea and you are right that we need to start making money as well.. if Kwese could pay for the domestic rights for local cricket we could get going. do we have enough equipment to broadcast at more than one venue? a lot of homework needs to be done in that field. Provinces/franchises/clubs not being able to sustain themselves is one of the biggest problems we face. hopefully we can get the economy back on track with these new guys.

the first step we can take is being more competitive overall so that our brand grows bigger. we desperately need that and hopefully this team can start doing that at least from the tri series in January going forward.
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Some good ideas Boundary. If there’s some sort of economic revival if/when Mnangagwa makes some meaningful changes it would make a huge difference. I’m not sure what the tax breaks are for corporates for sponsorship deals, does anyone know? There are still no lights at Sports club! Surely that’s a priority? The bums on seats is sound in theory but people have no money to pay what they should to spectate and even if there was an economic revival of sorts there’s a culture of cheap or free entry to get a crowd that’s going to be hard to break.

After that solidarity march quite a few folk ended up at Sports Club to quench a thirst and there was a game on (RS vs u19’s), it was a poignant reminder of happier times.
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You have to to go some to find a better place to watch cricket than Harare Sports Club, it’s a beautiful ground and has a good vibe when people are mingling and enjoying themselves.
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I wonder if rentals are still received from all the corporate boxes? In days gone by they used to put up additional hospitality tents for ODI’s, it’s no longer possible with the overpriced AC embankment that was made, something I have mixed feelings about.
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pariah wrote: ↑Sat Nov 25, 2017 12:53 pm


TapsC wrote: ↑Sat Nov 25, 2017 8:21 am

I will agree that we need to actually get a breakdown of how exactly this debt built up. we spent a lot of money for that t20 comp. who organized it? and even getting foreign guys to coach local teams was expensive. the spending at that time was extremely reckless

As is the spending under the Pakistani.

Guys here don't want to acknowledge that ZC debt only spiralled out of control when AC became part of itd, an that things are actually getting worse under the Pakistani.

Most competent journos will give you breakdowns under a particular President or Finance Minister or Reserve Bank Governor. These ones will give you nothing and hide under empty excuses about "unaudited financials" yet every sports organisation submits reports to SRC and Parly.

The fact of the matter is journos are simply protecting people, and it's not Bvute and Chingoka.

I remember a white South African company got the deal to install electronic scoreboards, out-not out signals etc, plus accommodation, holiday, allowances etc, for execs and workers. Over and above the actual cost other items! Just for a freaking scoreboard! Then people will tell you AC got grounds maintained. Recall his own crazy personal demands when he was sacked or rejected by ZC?


The Pakistani policeman has been put in place now long after AC has gone. That’s because they’re aware of the improprieties which they feel is not in Zim cricket’s interests to make public. That’s because these ZC guys have so entrenched themselves that they can’t be rooted out. There would just be a reshuffling of the chairs on the Titanic and they’d turn to iCC and say “there, is that acceptable?” Which is essentially what they’ve done. What’s unacceptable is that there are good administrators here, but they will never get a shot. The fact that ZC prefer a foreigner over them tells you how desperately they need to hang on. I know it’s unlikely, but a different political climate would see monumental change to our fortunes. I have hope, it may well be dashed, but it would be a great day seeing some of these guys being red carded.
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They have to start making money on their product which is ‘cricket’

ZC can’t afford to continue losing money on series after series, the sad truth is if they can’t afford to host Tests then maybe they shouldn’t.

At least the board has stemmed the bleeding and kept the debt at 19M whilst also continuing to organise fixtures and lure back star players.

PC & OB just kept taking loans from Metbank where they were board members of, in any other country those p***ks would be behind bars.
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Yeah, official merchandise. There would be easily 10000 orders for Zim Shirts around the world - 1000 each in Ind and Aus, about 3000 each in UK and SA minimally and a few more elsewhere is my guess. Hasnain should look at this option. He can get a feel of such requests by speaking to Price or checking out social media.
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CrimsonAvenger wrote: ↑Sun Nov 26, 2017 6:35 am
Yeah, official merchandise. There would be easily 10000 orders for Zim Shirts around the world - 1000 each in Ind and Aus, about 3000 each in UK and SA minimally and a few more elsewhere is my guess. Hasnain should look at this option. He can get a feel of such requests by speaking to Price or checking out social media.

Giving the Pakistani tips on such basics as merchandise while still considering him competent. 😂

Who represents Williams, Malcolm, Raza etc and that bat deal, and how much did they get for it. Start there to see just how marketable the players are.

We all know Chatara or Hami shirts won't be bought for obvious reasons.

NB: Not even AB and Steyn Proteas shirts fetch anything. Heck even the Proteas merchandise doesn't come close to 5% of Kaizer Chiefs or Orlando Pirates merchandise!
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Boundary wrote: ↑Sat Nov 25, 2017 1:56 pm
In the short term, getting more sponsors, tv contracts is the only way.

Non starter.


Long term though, it's about making the team competitive and hospitable (i.e. no more dilapidated facilities) which feeds into an attractive product (more lucrative tv contracts, more bums on the seats, better media coverage) and hence more India, Eng and Aus tours.

Let Streak and the Pakistani qualify for the world cup first after all the spending they've done. They have after all made the team more competitive, or have they wasted money ? You need to have a fixed and certain position on this subject otherwise the points are moot.

Again the India/BCCI question. :D


As an aside, there could be a shorter, pie in the sky, expensive route. ZC should do a thorough, professional review and then approach Kwese TV...he can buy out the current tv contract (or sub lease it), then in addition broadcast domestic cricket (a modest but relatively lucrative T20 tournament plus Logan Cup). Many of us overseas will pay for access to a tv app if the money will be used correctly.

Firstly, I don't think you understand how TV contracts work.

Secondly, South Africans don't even watch domestic cricket on live on TV, nor do they watch FC cricket at stadiums which is free entry. You're telling me more Zimbabweans will watch Burl and James than South Africans watch Miller and Albie?

Lastly, are you saying you don't trust the Pakistani, or that his team is incompetent or implying the previous "thieives" have influence over him rendering him impotent?
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jaybro wrote: ↑Sun Nov 26, 2017 4:36 am
At least the board has stemmed the bleeding and kept the debt at 19M

Prove it


PC & OB just kept taking loans from Metbank where they were board members of, in any other country those p***ks would be behind bars.

Wrong! http://www.metbank.co.zw/index.php/abou ... -directors

Then pretty much every Non-Executive Director would be behind bars! How many people are company directors and at the same time bank directors yet their firms borrow funds from those institutions.

The problem with you is that you don't do enough research.

1.At no point has Peter Chingoka ever been an Executive at ZCU/ZC!!!

2.Bvute became MD(an executive role at ZC) after Vince Hogg resigned in 2005. He was in that role until he left ZC in 2012 to become a director at Metbank.

They are not so careless to ignore the bleeding obvious!

NB: Your beloved and "competent" Wilson Manase - Coltart and AC's friend - is actually Metbank Chairman as well as was ZC Chairman at the same time. Chairpersons actually wield some Executive influence. Chingoka has never been a chair of both institutions at the same time.

These things are not complicated to find. Apply the basics and avoid being as careless as the Tristans, Liams and Firdoses in their mindless propaganda.
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Zimbabwe’s main visitors in 2015 were New Zealand and Pakistan, but Total Sports Marketing, a Bangladesh sports marketing agency, held the marketing and broadcast rights for the tours and was responsible for the expenses.

Betterdays, will Kwese TV want to finance expenses?
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pariah wrote: ↑Mon Nov 27, 2017 10:40 am


jaybro wrote: ↑Sun Nov 26, 2017 4:36 am
At least the board has stemmed the bleeding and kept the debt at 19M

Prove it


That's rich coming from you after all the crap you claim without any evidence.

There was an article a few weeks back about the debt in ZC which stated the fact the 19m debt left over from PC & OB hadn't grown since Hosnain started doing the books.

Of course you will argue the journalist is lazy or incompetent, but from the garbage you've produced in this recent re-carnation no one takes anything you say serious.


pariah wrote: ↑Mon Nov 27, 2017 10:40 am

These things are not complicated to find. Apply the basics and avoid being as careless as the Tristans, Liams and Firdoses in their mindless propaganda.


Once again the irony is too much to bare

😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂
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I provide proof. No one here provided proof about PC & OB. Not even the ICC itself or "qualified journos".

As for the Pakistani, proof drops almost everyday. Didn't your beloved journos later write articles pretty much substantiating everything I said??? It'll only get worse!

The Rising Stars are next. Wait until Taibu is sacked.
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pariah wrote: ↑Tue Nov 28, 2017 6:22 am

I provide proof. No one here provided proof about PC & OB. Not even the ICC itself or "qualified journos".

As for the Pakistani, proof drops almost everyday. Didn't your beloved journos later write articles pretty much substantiating everything I said??? It'll only get worse!

The Rising Stars are next. Wait until Taibu is sacked.


Where did the 19 M debt come from dickhead ??

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