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    The International Cricket Council (ICC) has approved a US$12.82 million loan to Cricket West Indies (CWI), which had anticipated a revenue shortfall and included ICC support in its financial strategy. "For the year [that] ended September 30, 2025, CWI recorded a net loss of US$28m, following a net profit of US$23m for the year ended September 30, 2024," a report stated. "The remaining two years of the cycle are forecast to generate a net loss of approximately US$26m in 2026 and a net profit of approximately US$8m in 2027, reflecting the cyclical nature of international cricket revenues and expenditure patterns." CWI's CEO Chris Dehring praised the loan. "Cricket West Indies welcomes the ICC's continued support, which forms part of a broader programme of ongoing initiatives to support the organisation's long-term growth and development," Dehring said. "This is one element of a wider strategic direction aimed at strengthening CWI's financial and operational resilience, particularly given the inherent cyclical nature of its revenues and the rapidly changing global cricket landscape." Dehring added: "These initiatives are intended to position West Indies cricket for sustained success, greater stability and continued relevance in an evolving international environment." In its 2025 annual report, CWI explained its current financial challenges, saying it "has demonstrated proactive and decisive action to strengthen its operating model." Financial constraints forced Cricket West Indies to cut the Four-Day Championship, cancel the Under-17 tournament, and remove the CCC and West Indies Academy from regional competitions. In announcing the changes in February, Dehring acknowledged the financial challenges facing CWI. "When we host countries like India or England, we are able to hold our head above water because those tours tend to pay for themselves," Dehring said. "International broadcast rights for those series help us fund development programmes and all the tournaments we stage annually." At the same time, Dehring said, "When we host Sri Lanka, Pakistan, and New Zealand...as much as we enjoy the cricket, hosting those teams comes with a financial price. It's a price we have to pay to keep our seat at the ICC table and retain our Full Membership."
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