Jammu and Kashmir Cricket Board (JKCB) is at the state of bankruptcy because of non-payment of its dues to the BCCI. All the funds allotted to the J&K cricket board have been frozen up since 2012 due to allegations of financial misappropriation. This makes the J&K board helpless as they might be forced to withdraw from the domestic games as well as the Ranji Trophy this year.
” We cannot use the frozen funds, nor has the BCCI released any since 2012. It takes around 7-8 crores to manage expenses of the teams throughout the Ranji Trophy season. If the board doesn’t act we will be forced to pull out of a few if not all the matches in the domestic season ” JKCA secretary Iqbal Ahmed Shah told the news reporters this Sunday.
Mr. Shah further added the CEO doesn’t respond to any of his queries and CoA suggests that the decision is up to the General body. Rahul Johri the CEO was unavailable for any comments regarding this issue but the source has revealed that the matter will be taken up this Friday at the latest.