ICC approves rollback of 2014 ‘Big Three’ decision, BCCI’s revenue share cut drastically

The Board of Control for Cricket in India (BCCI) will receive $293 million across the eight year cycle under the International Cricket Council’s (ICC) revised financial model passed at the ICC Board Meeting in Dubai on Thursday.

The England Cricket Board will receive $143 million, Zimbabwe Cricket $94 million and remaining seven Full Members $132 million each. Associate Members will receive funding of $280 million.

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 on Thursday after its meetings in Dubai. The Indian cricket board, according to local media, was the only one to oppose the new financial model, which would see their revenue share cut by almost half from the 2014 model.

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.

On Wednesday, the Indian Cricket Board’s hegemony in world cricket came under severe threat …read more