Cricket South Africa (CSA) announced a R440 million loss for the 2025/26 financial year at its Annual General Meeting (AGM) in Johannesburg on 27 September. Despite the setback, the board is confident of its ability to prepare for the 2027 Cricket World Cup.

The 2027 event will be held between 4 October and 21 November in South Africa, Zimbabwe and Namibia. CSA president Rihan Richards said they are hopeful that they will be able to host the global showpiece event with the formation of a separate company to handle preparations for the tournament.

Cricket South Africa remains confident over 2027 World Cup preparations

“I'm very comfortable where we find ourselves.

People have asked a lot of questions about World Cup 2027, and we have deliberately created a separate, independent company to ensure independence of the process and to make sure that all those things do not complicate the whole CSA structure. So they're operating quite well. We are very confident that the World Cup in 2027 will be a big success,” Richards said, as quoted by IOL.

South Africa will supply eight of the 12 host cities for the 2027 World Cup, with Zimbabwe and Namibia providing the rest.

More than R300 million has already been committed towards upgrades ahead of the tournament.

The separate entity created by CSA to oversee the hosting process will be able to operate independently, with the aim of ensuring that the preparations for the World Cup do not interfere with the board's wider work.

CSA's financial position was also impacted by a relatively light home schedule. The Proteas men's team played only three home T20Is in the 2025/26 season, limiting their ability to earn match-day and broadcast revenue.

Broadcast changes impact Cricket South Africa revenue

CSA chief executive Pholetsi Moseki acknowledged that changes to the broadcasting landscape have impacted the organization's ability to make money from international tours.

South Africa are set to host Australia and England during the current cycle, two of the most commercially important tours for CSA. However, Moseki said the money they'd make from those series was not at the same level as in previous years.

“The two tours that we're hosting this year, of the so-called two of the big three, Australia and England, in the past, those tours would have generated so much money for us as an organization that it would have been a very, very profitable year,” Moseki said, as quoted by IOL.

“But with the changes that have happened over the last few years, unfortunately, despite hosting both England and Australia in one year, unfortunately, the amount of money that we're going to be making is not necessarily where it was some years ago.”

Moseki identified broadcasting as one of the biggest factors impacting CSA's changing revenue streams and said the organization would be looking to diversify its income.

They plan on placing more emphasis on sponsorships while exploring new revenue models.

Moseki also highlighted the CSA's relationship with India as being an important part of its commercial outlook.

“We are fortunate that we do have a very good relationship with India and we constantly work hard to maintain that,” he said.

At the same time, he stressed that CSA cannot rely on any single source of revenue and need to continue expanding their commercial partnerships and other income opportunities.