ICC Meet: BCCI loses both revenue and governance vote

Mangalore Today News Network

New Delhi,  Apr 26 2017 :  In a massive blow to its influence in the International Cricket Council, the BCCI was today decimated at the global body’s Board Meeting where the majority voted for a change in governance and revenue structures.

 

On the first day of the ICC Board Meeting in Dubai, both the change in governance structure as well as the revamped revenue model were put to a floor test.

BCCI lost the vote on ’governance and constitutional changes’ by a 1-9 margin while the revenue model, which was the bigger bone of contention, saw India getting walloped by a 2-8 margin. The only country that voted alongside BCCI was Sri Lanka.

"Yes, the votings are over. It was 8-2 in favour of revamped revenue model and 9-1 in favour of constitutional changes," a senior BCCI functionary present in Dubai told PTI today.

"The BCCI has voted against both as we had, in principle, maintained that all these changes are completely unacceptable for us. At this point, we can only say that all options are open for us. We would have to go back to our SGM and apprise the members of the situation," he added.

It was learnt that since BCCI outrightly rejected the additional USD 100 million pay-out in revenue, it was once again given the original option of USD 290 million which is a USD 280 million cut from the USD 570 million India had been getting till last year.

Courtesy:DHNS