India in the spotlight after failure to win concessions in new ICC finance plan

27 April 2017 08:39

All eyes are on India's next move after they failed to win concessions on a new financial plan and revised constitution from their fellow International Cricket Council board members.

The ICC announced the results of its board meeting in Dubai on Thursday and the resulting picture left India, the sport's power player and biggest revenue driver, looking increasingly isolated.

India are the only association yet to name a squad for the Champions Trophy in England and Wales this summer, missing an April 25 deadline, and until that is corrected doubts will be raised over their willingness to take part.

An Indian withdrawal from the tournament would constitute a breach of their members agreement with the ICC but no penalties are expected for missing the initial date, which was primarily based around promotional activities.

Under the new remuneration model the Board of Control for Cricket in India will still receive the largest cut of international revenues - a projected £227million over the next eight years - but its negotiators had arrived at a week of meetings in Dubai seeking almost double that figure.

The ICC's independent chairman Shashank Manohar reportedly pitched a compromise, which could have netted India another £77million, but with no agreement the original proposal was voted on and passed with a 13-1 majority and India isolated.

The BCCI also voted against the revised constitution, which was approved by 12 votes to two and will now go to the ICC full council in June.

Manohar, himself a former BCCI chief, said: "This is another step forward for world cricket and I look forward to concluding the work at the annual conference. 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."

Chief executive Dave Richardson added: "It has been a very productive week. Progress has been made on a number of significant issues, in particular around international cricket structures. Efforts to find a solution, enhancing the context of international bilateral cricket and retaining the relevance of the international game, will continue."

Source: PA