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Leagues and Governing Bodies

Int'l Cricket Council's Financial Reform Lessens Power Of 'Big Three'

The Int'l Cricket Council's board "voted to pass a new financial model" that will reverse a '14 decision which effectively put India, England and Australia in control of the game's finances and administration, according to Sudipto Ganguly of REUTERS. Under the new financial model and governance structure, the split of revenues from the ICC from '16-23 will be "altered to address the imbalance currently favouring the three boards." The Board of Control for Cricket in India was reportedly the "only one to oppose the new financial model," which would see its revenue share cut by almost half. Based on current forecasts for revenues and costs, the BCCI would now receive $293M across the eight-year cycle, down from the $570M it would have received under the '14 arrangement. The ICC said that the England & Wales Cricket Board would be the "second-best earner" with $143M, Zimbabwe would receive $94M and the remaining seven full members would get $132M each in the new model (REUTERS, 4/27). The BBC reported constitutional changes made by the board -- including "paving the way for more Test cricket nations and the introduction of an independent female director" -- were agreed to by a vote of 12-2. ICC Chair Shashank Manohar, who announced in March that he is stepping down, said, "This is another step forward for world cricket and I look forward to concluding the work at the annual conference." The ICC meeting also agreed to look at: 

  • Bringing more context to int'l bilateral cricket "including resolving the current calendar congestion in order to bring a clear framework to all three formats."
  • Changes to the women's game including a "separate rankings system" for Women's ODI and T20 int'l cricket. 
  • Development of a "detailed strategy for the growth of cricket in China" (BBC, 4/27).
IN INDIA: The PTI reported with India's Champions Trophy participation "in doubt," the ICC is "still willing to pay" the BCCI $100M more than the original share from the revamped revenue model. According to a senior BCCI official, the ICC has not yet withdrawn its offer of $390M -- nearly $100M more than the original $293M. A BCCI source said, "ICC officials have in fact told us that if we agree to $390 million, they will get it ratified at a Board Meeting in May." However, some of the other officials present in Dubai "feel that the final offer" should be $450M with no change in governance structure (PTI, 4/27). The AFP reported India is "refusing to unveil its squad for the Champions Trophy amid speculation it might pull out owing to a row" with the ICC. India's reluctance stems from its "long-running opposition to changes in the financial and governance structure of the ICC." A BCCI official said, "It is too early to make predictions, since the event is more than a month away, but nothing can be ruled out. Let's wait and watch" (AFP, 4/27).

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