BCCI proposed new revenue sharing model at ICC meet
By: Express News Service | Kolkata |

Published: April 24, 2020 2:31:34 am

BCCI BCCI has assured the opposite cricket boards, feeling the pinch of a world financial meltdown, of its help.(Representational Photo)

The BCCI needs to guide the put up Covid-19 cricket world, because it has laid out the roadmap for the longer term ICC functioning. It is learnt that throughout the international physique’s Chief Executives’ Committee (CEC) assembly on Thursday, BCCI secretary Jay Shah proposed a new revenue distribution system that may take care of all cricket boards. The CEC assembly, by way of convention name, was attended by 12 Full Members and three Associates.

The BCCI has assured the opposite cricket boards, feeling the pinch of a world financial meltdown, of its help. According to an insider, throughout the assembly, Shah requested the chief executives of all different cricket boards to roll over the present construction and draw up a draft proposal for a new revenue distribution model.

The present revenue distribution model for the continuing eight-year cycle expires in 2023. At the ICC, although, rules could also be made or amended by the “Board of Directors or by any Committee, Sub-Committee or member of ICC Management to whom appropriate authority has been delegated by the Board of Directors”. For a particular decision to go, “more than 75 per cent of the aggregate number of votes” is required, whereas for an strange decision greater than 50 per cent would suffice.

In 2014, the BCCI had joined arms with the England and Wales Cricket Board and Cricket Australia to kind the Big Three that had accredited a contribution-based revenue distribution system. With the Indian board contributing to greater than 70 per cent of the ICC’s revenue, its projected share was $570 million for the 2015-2023 rights cycle.

In 2017, when the ICC dismantled the Big Three model, the BCCI’s revenue share diminished to slightly over $400 million. But in a put up Covid-19 world, virtually each different cricket board, particularly weaker nations, will want the BCCI’s help – collection towards India for instance – to make up for the monetary losses.

With the Covid-19 outbreak inflicting havoc, the CEC all however dominated out any cricket within the close to future, whereas discussing contingency plans for the World Test Championship, T20 World Cup and the 2021 Women’s Cricket World Cup.

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