India loses millions in new ICC set up

The International Cricket Council (ICC) board has voted for changes to its governance and financial model.

Cricket’s global governing body will reverse reforms made in 2014, which gave more political and financial power to the England and Wales Cricket Board (ECB), Cricket Australia, and the Board of Control for Cricket in India (BCCI). The new changes will create a more equitable distribution of revenues from ICC global events and partnerships but will not revert to the equal share among Test-playing full members that existed until three years ago. The 14-member board voted at the end of its meeting this week at the ICC headquarters in Dubai.

The BCCI, however, is believed to have been the sole opponent to the financial changes, which must be ratified by the ICC council in June. Rumours emanating from India suggest that the board will consider pulling out of the upcoming ICC Champions Trophy in England and Wales, having already missed the deadline for submitting a squad.

The changes will be seen as a blow to India’s increasingly dominant position in the international game, with the ICC known to be aiming to decrease its financial and cultural dependence on the sub-continental market through its efforts to further globalise the sport.

Over the current eight-year cycle to 2023, the BCCI would now stand to earn US$293 million rather than US$570 million, the ECB would take US$143 million, and Zimbabwe Cricket would receive US$94 million. The remaining seven full member boards – from Australia, South Africa, Pakistan, West Indies, New Zealand, Bangladesh and Sri Lanka – will receive US$132 apiece, with second-tier Associate members set to share US$280 million.

Revisions to the ICC constitution were also approved by 12 votes to two. These include measures to add full members to the organisation subject to meeting key requirements, with a new membership committee established to consider applications. The third-tier Affiliate level of membership is also set to be scrapped, with the lower two tiers consolidated under the Associate banner.

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