CRICKET: India board secretary says demand for more revenue justified
Secretary of the Board of Control for Cricket in India (BCCI) Sanjay Patel, says his board’s demands for a larger share of the International Cricket Council’s (ICC) revenue is justified given the country’s commercial pull in world cricket.
The BCCI, along with Cricket Australia and the England and Wales Cricket Board, had drafted a "position paper" that stressed on a new revenue distribution model favourable to the Big Three boards.
The "position paper" also suggested a new model of governance and changes to the existing Future Tours Programme structure.
According to the proposed system, prepared by the three boards under ICC president Alan Isaac's instructions, the BCCI is expected to get nearly a third of the ICC's revenues.
The Full Members were presented with the position paper at an ICC Board meeting on January 9 and the Big Three had hoped the proposal would be cleared during the meeting earlier this week.
The members, however, failed to arrive at a conclusion, although the ICC announced that the key principles of the draft had "unanimous support" of the Full Members.
The West Indies Cricket Board has already projected its revenue to rise by at least 100 percent over the next eight years if the key principles of the draft proposal on the revenue sharing are voted in.
The board issued a statement in support of the key principles put forward on day one of the ICC executive board meeting in Dubai.
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