By Admin 
Usa cricket: The future of cricket in America seems to be in crisis these days. Last month, the ICC suspended USA cricket from membership on charges of repeatedly breaking its obligations. Now in the midst of this controversy, USA cricket has taken a shocking step. The board has filed an application for Chapter 11 Bankruptcy. This is the first time in cricket history that an ICC member organization has resorted to the legal process of bankruptcy.
What is chapter 11 bankruptcy?
Chapter 11 bankruptcy is a legal provision of America, which allows an institution or individual to reorganize its debt and financial crisis under the supervision of the court. This does not mean that the institution is closed, but it is given a chance to stand again. This chapter is different from 7, in which the loan is repaid by selling the company’s properties. Its purpose is to make the organization stand up instead of completely closing. In this, the institution can try to repay the loan and improve the financial system by continuing its operation. This is the reason why it is called “reorganization bankruptcy”.
Steps taken just before the hearing
A few minutes before the hearing of the long -running dispute with the American Cricket Enterprises (ACE), the USA cricket counsel announced the bankruptcy in the court. Ace alleged that the board had already known that the result would go against him, so it had taken this step. At the same time, Ace said that USA cricket is now entangled in politics and internal tussle rather than players and sports development.
Cloud of crisis on players
This step has increased the concern of those players who have recently tied up with USA cricket or have joined the Major and Minor League. The biggest challenge is that the USA has to participate in the 2026 T20 World Cup, but if the financial condition and legal disputes of the board remain the same, then the team’s participation can also be questioned.
Impact on cricket
The ICC has made it clear that the ICC has suspended the membership and now bankruptcy. Usa Cricket is in deep crisis, On one hand, the players are confused about the future, On the other hand, attempts to identify cricket at global level in America may also get a big shock.,