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Sports Cricket 28 Apr 2017 ICC open to fresh ne ...

ICC open to fresh negotiation

DECCAN CHRONICLE WITH AGENCY INPUTS
Published Apr 28, 2017, 4:23 am IST
Updated Apr 28, 2017, 5:05 am IST
$290 million offered to BCCI as revenue share could still go up by $100 million.
All is not yet lost for the Board of Control for Cricket in India in its quest for a larger slice of the pie from the International Cricket Council’s revenues.
 All is not yet lost for the Board of Control for Cricket in India in its quest for a larger slice of the pie from the International Cricket Council’s revenues.

New Delhi: All is not yet lost for the Board of Control for Cricket in India in its quest for a larger slice of the pie from the International Cricket Council’s revenues. Despite being outvoted nine-to-one on the matter of its professed share amounting to $570 million based on India’s contribution to the ICC’s purse, reports on Thursday suggested that the $290 million offered in lieu could still go up substantially.

The Indian cricket board is still holding back on naming its team for the upcoming ICC Champions Trophy in England, the deadline for which expired three days ago, For its part, the ICC has said it was still willing to stump up the extra $100 million that was put on the table by its chairman and former BCCI president Shashank Manohar ahead of Wednesday’s vote in Dubai.

 

The amount was rejected by BCCI representative Amitabh Choudhary, who is reported to have travelled to the meeting with a sum of $445 million in mind as suggested by the Supreme Court-appointed Committee of Administrators. Reports also said that soon after the ICC rejected India’s $570 million demand, Manohar told Choudhary that his earlier offer of the additional $100 million (making the BCCI’s share close to $400 million — the largest portion of the revenue take) was still on the table, but no more.

“Based on current forecasted revenues and costs, BCCI will receive $293 million across the eight-year cycle, ECB $143 million, Zimbabwe Cricket $94 million and the remaining seven Full Members $132 million each,” the ICC said in a statement. “Associate Members will receive funding of $280m. This model was passed 13 votes to one,” the ICC added. It made no mention of Manohar’s outreach to the BCCI.

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