Video: Former IPL commissioner Lalit Modi admits involvement with cricket rebels

Sydney: The Australian Broadcasting Corporation says former Indian Premier League boss Lalit Modi has admitted for the first time his involvement with an organisation aiming to replace world cricket's current establishment.

ABC quoted Modi as saying the organisation's plan to recruit the world's leading cricketers has his endorsement. The report comes ahead of the screening of the full Modi interview on the ABC's Four Corners program due to screen later Monday

The ABC says Modi told Four Corners, "We're talking about another cricketing system. There is a blueprint out there, it's got my rubber stamp on it. I have been involved in it. I say it for the first time, I've been involved in putting that (blueprint) together."

Modi was quoted as saying the plan to take on cricket's establishment would cost several billion dollars, but "I don't think it would be a problem to get that ... into action."

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"The plan that I have put together is a very detailed plan," Modi said.

"It's not a plan that's come off the cuff, it's been taking years and years and years in the making."

Modi has previously denied any involvement with the rebel organisation.

Australia's Fairfax Media has previously reported the organisation plans to establish a new world cricket body, replacing the International Cricket Council and more closely aligned to the International Olympic Committee.

Fairfax reported in April that leading players such newly-retired Australia captain Michael Clarke, opening batsman David Warner could be offered as much as $50 million to sign up.

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In a radio interview , Warner said any such offer would be tempting.

"You can't rule it out, you can't say no, because ... we love playing the sport we do but we also love getting paid for what we do," Warner told Sky Sports Radio.

"I'm just being honest in saying it's not out of the question, and I'd certainly have to think about it."