Shah to head finance panel, Barclay retained
MUMBAI: In the fourth year after elected office-bearers took charge at the BCCI from the court-appointed Committee of Administrators (COA), the Indian board has regained lost ground in matters of governance at the world body. At the ICC AGM in Melbourne, BCCIbacked Greg Barclay retained his post as Chairman and it was decided that BCCI secretary Jay Shah will head the Financial and Commercial Affairs Committee (F&CA).
Shah, the new BCCI representative at the ICC board replacing Sourav Ganguly, has been fronting financial and administrative decisions from his previous tenure.
While it was a hard-fought win for New Zealand’s Barclay to beat Imran Khwaja two years back, he was elected unopposed on Saturday, given that he had the backing of BCCI. Zimbabwe’s Tavengwa
Mukuhlani dropped out. Barclay has been receptive to India’s idea of an expanded IPL window, which allowed BCCI to secure a whopping ₹48,390 c r o r e me d i a rights deal recently.
Shah heading the finance committee holds significance as the panel decides the revenue distribution formula and budget allocation for ICC events. Also, with BCCI locked in discussions with the finance ministry over relaxing tax rules for ICC events in India, an Indian in charge would allow for more leeway.