ICC Slashes Indian Cricket Board's Revenue Share By Nearly Half

Rufina Vignone
Aprile 29, 2017

A new International Cricket Council (ICC) constitution, which will spell the end of the Big Three era, is on track to be implemented after all the Full Members opted to outvote the Board of Control for Cricket in India (BCCI).

ICC independent chairman Shashank Manohar the man - pushing for cricket administration reforms - had initially offered a compromise formula of an additional $100 million, which would push the BCCI's share to nearly $400 million. With the broadcasters having shelled out top dollar to acquire rights for ICC tournaments, both ICC and BCCI will have to tread carefully before taking any extreme step against the other. The new model received 9 votes, while governance structure was passed by an 8-2 margin.

The BCCI was the only member to vote against the financial model and was one of two boards which voted against the new governance model.

As per the new revenue model, the BCCI will receive $293 million as compared to the $570 million that they got under the last model.

In a major loss of face on Wednesday, the BCCI was out-voted in its opposition to the new model, which has ended up almost halving India's share from the United States dollars 570 million it was getting till past year.

"Yes, the votings are over".

National Selector James Whitaker, said: "We have made encouraging progress over the past 18 months in white ball cricket and the squads selected reflect consistency and give options across all disciplines. We would have to go back to our SGM and apprise the members of the situation". Asked why the offer is not even being considered, the official blamed it on the trust deficit between Manohar and the BCCI.

"The alternative left for them was to adopt the middle ground", an official present in Dubai said.

The BCCI had earlier missed the April 25 deadline to declare the squad for the upcoming ICC Champions Trophy till after the conclusion of the ICC meeting. "They are receptive. Manohar doesn't decide what should be BCCI's share", the official added. But if the new proposal is passed by the ICC, then BCCI's share would come down to $290 million which is a drastic decrease in the money.

Mumbai: The prospect of India pulling out of the Champions Trophy loomed large on Wednesday after the Indian cricket board was left isolated in its opposition to proposed reforms to the way the game is run globally.

But reports from India say some suits want Virat Kohli's team to pull out of the Champions Trophy in England in June.

"We'd kept the CoA meeting after the BCCI SGM in Mumbai before the ICC meeting in Dubai".

But there could yet be a sting in this tale‚ what with calls for India to boycott the Champions Trophy in retaliation - which would cost the global game many millions in lost revenue. "Can they explain how are they trying to cut down the Operational Costs of ICC which is United States dollars 160 million?" he said.

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