Despite the change of guard at the Board of Control for Cricket in India (BCCI), the Indian board continued to oppose the International Cricket Council’s (ICC) new changes.
This include to the financial model and governance structure on 04th February 2017.
The ICC Board on Saturday met to discuss the changes pertaining to revenue model where India, England and Australia were supposed to get the major share of revenue as the ‘Big Three’ - a move that was opposed by other Test playing nations, and also by England and Australia themselves.
Limaye who had the first look at the official ‘base document’, expressed his apprehension terming it a financial model based on “faith and equity”.
Although the BCCI was expected to still gain in excess of INR 2000 crore, it can be surely said that the commercial hub of cricket faced stiff opposition from majority of the board members.
While seasoned investment banker Limaye, in between now and April, can spot the anomalies in the official base document, it is unlikely that the ICC board led by Manohar would accept those changes.
ICC: Know More- Abbreviation: ICC
- Motto : Great Sport Great Spirit
- Formation: 15 June 1909
- Type: Federation of national associations
- Headquarters: Dubai, United Arab Emirates
- Membership: 105 members
- Chairman: Shashank Manohar
- President: Zaheer Abbas
- CEO: David Richardson
- Website: www.icc-cricket.com
