During the the schism brought about by Kerry Packer’s hijacking of world cricket in the late 1970s, one statement from Ray Steele, the treasurer of the Australian Cricket Board, was enough to know that the game was up. At the same time that Packer was in the process of spending A$25 million setting up and televising World Series Cricket, Steele announced that he had not been able to sell the commercial television rights for Australia’s 1977-78 international season.....Read more at http://www.cricket247.in/