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The council said the combination of the investment needed plus a nearby alternative pool lead them to propose the closure.
BBC: Newcastle City Pool could close by 2016, says council
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It is clear that a combination of injuries to star players, lack of adequate preparation, absence of a wider pool of Test players and too much cricket thanks to a thoughtlessly crowded cricket calendar rendered India hors de combat.
BBC: Is India's cricket debacle the worst ever?
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The basic premise of mutual funds is straightforward: Investors pool their money, and the fund invests in stocks, bonds, government securities or a combination of such assets.
FORBES: Mutual Funds 101