BCCI has expressed concerns on the cricket’s new financial model presented by ICC. It is not happy with the projected share of USD 290 million and has told the ICC Full Members that it wants the share to be USD 570 million.
The Board of Control for Cricket in India (BCCI) wants the exact lion’s share from the original Big Three model which included England, India and Australia as giant members.
Pulling out of Champions Trophy a possibility for India: reports
During a meeting with BCCI s Committee of Administrators (CoA), the International Cricket Council (ICC) Chairman Shashank Manohar made an alternative offer to the Indian cricket board according to which it will receive an additional USD 100 million, making the sum to USD 390 million.
Reportedly, the Indian authorities are least happy with the new financial model and Manohar s alternative offer. It consistently suggests sticking to the Big Three equivalent shares. However, the ICC has shown interest in formation of a mutually beneficial policy for shares distribution.
India is yet to announce its squad for the Champions Trophy and today is the last date for the submission. During a meeting, the Indian board had earlier threatened to boycott the ICC Champions Trophy 2017 on the matter of new financial model reducing its monetary share.