The efficiency of Cricket South Africa's financial distribution model
Abstract
Sport is treated as a national religion in South Africa and has a definite role to play in uniting this nation. This role will only be fulfilled if the team representing the nation is a competitive and winning team. The national government department responsible for sport in South Africa is Sport and Recreation South Africa (SRSA). Its vision is to create an active and winning nation with its primary focus on providing equal opportunities for all people in South Africa to participate in sport, managing the regulatory framework thereof, and providing funding for different codes of sport. South Africa has a vast amount of different sporting codes of which football, rugby and cricket are the biggest. Cricket in South Africa is governed by Cricket South Africa (CSA), which in turn will extend the goals of the SRSA by providing opportunities to all people in South Africa to participate in cricket, managing the regulatory framework thereof, and providing funding for the various affiliates who needs to administrate cricket in all the provinces on CSA's behalf. The aim of this study was to explore the aspect of CSA pertaining to the providing of funding to the various affiliates and the efficiency of this distribution model. The main research methodology applied in this study was exploratory in nature. A mixed-method research design was utilised with the first-phase being the collection of quantitative data from the various chosen affiliates, with the second phase focusing on the procurement of qualitative data from the various CEO's / Financial Managers. The results highlighted the fact that the current model is an effective tool to allocate financial resources. It also confirmed that all members believed that it is an efficient model but can still be improved by analysing and implementing the various feedback received.