BCCI highest earner despite ICC snub

THE BOARD REPORTEDLY REJECTED AN ADDITIONAL $100M OFFER FROM ICC CHIEF SHASHANK MANOHAR, REFUSING TO ACCEPT THE NEW MODEL.

Despite not being able to reach a consensus, the Board of Control for Cricket in India (BCCI) will still receive the largest share in the new revenue model put in place by the International Cricket Council (ICC), effective from 2016 to 2023.

The Indian Board will receive $293 million across the eight-year cycle under the new regulations. Though it has a lion’s share, the income is way less than what the BCCI wanted.

According to reports, the BCCI wanted a share of $570 million which would have been possible only under the ‘Big Three’ model. The model, a brainchild of ousted BCCI boss N Srinivasan, had the boards of England and Australia as partners. Based on current forecasted revenues and costs, BCCI will receive $293m across the eight-year cycle, ECB $143m, Zimbabwe Cricket $94m and the remaining seven Full Members $132m each. Associate Members will receive funding of $280m. This model was passed 13 votes to one,” said an ICC statement.

The ECB will be the secondbiggest earner among the Full Members and will receive $143 million with Zimbabwe Cricket (ZC) getting $94 million. All the remaining seven Full Members will be given $132 million each.

Interestingly, Associate Members will receive a huge funding of $280 million, just $13 million less than what BCCI will get.

The decision was taken in the crucial ICC Board meeting in Dubai where a number of decisions were also passed including an agreement on a new constitution that will be put before the ICC Full Council in June.

The revised constitution was approved by 12 votes to two. On this too, BCCI had been outvoted.

In a major loss of face on Wednesday, the BCCI was outvoted in its opposition to the new model, which has ended up nearly halving India’s share from the $570 million it was getting till last year.