• Friday, April 26, 2024

Sports

Cricket: ICC move cuts Indian board’s revenue by half

Shashank Manohar, of the ICC (Sajjad Hussain/AFP/Getty Images)

By: Rithika Siddhartha

THE International Cricket Council’s (ICC) board has voted to pass a new financial model that will reverse a 2014 decision which 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 said in a statement yesterday (27) after its meetings at its headquarters in Dubai. The Indian cricket board (BCCI), according…

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