ICC proposes, BCCI opposes

ICC proposes, BCCI opposes

The majority of the ICC Board members voted in favour of restructured revenue sharing model despite vehement opposition from the BCCI representative Vikram Limaye.

According to highly placed sources, India only got support from Sri Lanka while Zimbabwe abstained when the matter was put to floor test. Pakistan, New Zealand, South Africa, West Indies, England and Australia all voted in favour of change in revenue distribution as well as change in governance structure.

The ICC Board met to discuss the changes pertaining to revenue model where India, England and Australia were supposed to get the major share of revenue as the ‘Big Three’ — a move that was opposed by other Test playing nations, and also by England and Australia themselves.

The ICC said the basis for the new financial model was developed based on certain "guiding principles" that included "equity, good conscience, common sense and simplicity" among others.

On Saturday, Limaye who had the first look at the official ‘base document’, expressed his apprehension terming it a model based on “faith and equity”. “I had clearly told Board that I cannot support the official base document which is based on faith and equity. The members and chairman were sympathetic that we have just taken charge and I would need time to study the document,” Limaye said from Dubai.

“The chairman Mr (Shas­hank) Manohar said that they have been waiting for months. The matter was put to vote and I have voted against these changes.  “It has been recorded in the minutes. It won’t be appropriate for me to say who all voted in favour,” Limaye said.

The ICC will pass the resolution during it’s April Board meeting. While the BCCI is expected to still gain more than Rs. 2000 crore, it can be surely be said that commercial hub of cricket faced stiff opposition from the majority of the board members.

Huge cut
Various estimates have placed the BCCI's projected cut in ICC earnings anywhere between Rs 1000 crore and Rs 2000 crore for the 2015-2023 ICC rights cycle.
Among other key proposals are that the top nine Test-playing countries will compete among themselves in a rolling two-year league and against the three lower-ranked teams.

Those three would comprise Zimbabwe, with Ireland and Afghanistan also in line to become full or Test members provided, the ICC said, they met "membership criteria".
Agencies

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)