16.2 C
Sydney
Thursday, December 9, 2021

Australia, India and England hit by new ICC move

Must read

- Sponsored Ad -

CRICKET’S global governing body has received a thumping mandate from its members to proceed with a broad restructure aimed at curbing the dominance of the “Big Three” — Australia, India and England.

The sweeping changes were passed in a unanimous vote during a meeting at the International Cricket Council (ICC) headquarters in Dubai, the governing body said in a statement Thursday.

- Advertisement -

The shake-up amends the ICC’s constitution and financial structure so that revenue is more equitably distributed among members and less power is concentrated in the hands of the “Big Three”.

It reverses a much-criticised ICC decision in 2014 to relinquish more control to Australia, England and India, the world’s most powerful cricketing boards.

- Advertisement -

The restructure was agreed to in principle in February by the majority of Test playing nations — including England and Australia — but India opposed the proposal.

The Board of Control for Cricket in India stands to lose $277 million revenue over the next eight years under the changes, with more flowing to minor Test nations and associate members like Ireland and Afghanistan.

- Advertisement -

2

“This model was passed 13 votes to one,” the ICC said in a statement. “A revised constitution was also approved by 12 votes to two,” it said, adding the changes would be put to the ICC in June for adoption.

Despite India’s opposition to the reforms, it was a former BCCI boss who was instrumental in pushing through the changes.

ICC chairman Shashank Manohar, who was asked by the council to defer his resignation last month to see the reform package through, declared it “another step forward for world cricket”.

“I am confident we can provide a strong foundation for the sport to grow and improve globally in the future through the adoption of the revised financial model and governance structure,” he said.

The ICC also underscored its commitment to returning international cricket meets to Pakistan as long as safety is ensured.

With the exception of Zimbabwe, no international nation has toured Pakistan since a terrorist attack on a Sri Lankan team bus in Lahore in 2009.

3

The International Cricket Council’s (ICC) board has also voted to pass a new financial model that will reverse a 2014 decision that effectively put India, England and Australia in control of the game’s finances and administration. Under the new financial model and governance structure, the split of revenues from the ICC for the years 2016 to 2023 will be altered to address the imbalance currently favouring the three boards.

The measure was passed by 13 votes to one, the governing body announced in a statement after its meetings at its headquarters in Dubai.

The Indian cricket board (BCCI), according to local media, was the only opponent to the new financial model.

Based on current forecasts for revenues and costs, the BCCI would now receive $293 million ($A392 million) across the eight-year cycle, down from the $570 million ($763 million) it would have received under the 2014 arrangement. The ICC said the England and Wales Cricket Board would be the second-best earners with $143 million ($A191 million), Zimbabwe would receive $94 million ($A126 million), while Cricket Australia and the remaining six full members would get $132 million ($A177 million).

A revised constitution, which will allow the ICC to include additional full members in the future, was also approved by 12 votes to two. The decisions would have to be ratified at the ICC’s annual conference in June.

ICC Chairman Shashank Manohar, who has been critical of the ‘Big Three’ model, welcomed the vote.

“This is another step forward for world cricket and I look forward to concluding the work at the Annual Conference,” former BCCI chief Manohar, who will step down in June due to personal reasons, said.

Online Source: news.com.au

- Advertisement -
- Advertisement -

More articles

- Advertisement -

Latest article