The “Big Three” of India, England and Australia have had a resolution that was proposed around a month ago passed after 8 of the 10 members of ICC voted in the favour of it.
It means that that the cricketing superpowers will get a bigger share of the ICC’s earnings, with BCCI - the Indian cricket board - getting a bigger share.
Also, another change which includes the formation of a new five member executive committee is yet to be adopted by the ICC with ECB, BCCI and CA, all guaranteed a place.
BCCI Chairman N. Srinivasan will now be the chairman of the newly structured ICC from July 2014, Cricket Australia’s Wally Edwards will be the chairman of the Executive committee and ECB’s Giles Clarke will continue to head the finance and commercial affairs committee.
ICC President Alan Isaac said: “The board has made some significant decisions today which provide us with long-term certainty in relation to the future governance, competition and financial models of the ICC.
“This decision comes after extensive discussions between members that I helped initiate and were given impetus through a position paper presented by the BCCI, Cricket Australia and ECB in early January.
“Since this time a set of resolutions have been drafted, negotiated and modified – based on a set of principles agreed by the ICC Board on 28 January – and finalised at the meeting today.
“There were eight full members who were in a position to support the resolution today and the two who abstained have pledged to further discuss the issues with an aim to reaching unanimous approval over the coming week.”
One can only say that cricket is no longer a Gentleman’s Game but “Money’s Game” because of the structure that has been introduced. Key elements of the resolution are:
• More revenue for all nations because of a programme designed to secure a lucrative new rights deal.
• A Test cricket fund to sustain Test cricket through to 2023.
• Contractually-binding agreements between nations about Test series.
• A clear pathway for Associate Members to become Test nations.
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