Mumbai: Dec 3, 2013
The Board of Control for Cricket in India (BCCI) Secretary Sanjay Patel has said that the Indian board’s move to demand a greater share in the International Cricket Council’s (ICC) revenues is legitimate. On Monday, it was revealed that the BCCI President N Srinivasan spoke to the Cricket Australia (CA) chairman in Singapore last week to discuss the whole model.
Speaking to the media at the ICC Awards nomination’s ceremony in Mumbai, Patel said, “As a member of the ICC, BCCI has raised this issue for the first time. President N Srinivasan has put up a legitimate right.”
However, Patel did not divulge the percentage BCCI would be looking for. He said, “He has been looking at the financial data of ICC since last year. He discussed some formulae with some professionals and his own acumen as a businessman also helped. This hasn’t come up in the past and we are hoping for a positive result.”
“The matter would be discussed by the ICC members. Everything is just and fair in the ICC,” said Patel.
ICC’s profit-sharing model is as follows: 75 per cent of the profits is equally divided among full member nations like India, Australia, Sri Lanka, England, Pakistan, New Zealand, West Indies, South Africa and Zimbabwe while the remaining 25 per cent is distributed among the associate members.
(with inputs from PTI)
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