The Board of Control for Cricket in India (BCCI) is mulling on the prospect of taking the dire step of pulling out of the ICC Champions Trophy if their interests are ignored by the International Cricket Council (ICC).
As per the Big Three model, which was proposed by the then BCCI president N Srinivasan in 2014, three countries – India, England and Australia – should get the major chunk of ICC’s revenue as they are the major contributors of ICC’s revenues. Srinivasan suggested revenue be divided as per the country’s contribution to ICC’s purse, which means India should get 20.3%, England 4.4% and Australia 2.7%.
The Big Three model guarantees the Indian cricket board the lion’s share of global revenues in addition to giving it a big say in administration alongside the other members (Australia and England) in the 2015-2023 cycle.However, the governing body of the game is desperately trying to abolish the model by introducing a new revenue-sharing formula, much to the anger of the BCCI
And the BCCI has now decided to exercise its rights at the ICC meeting at the month end to safeguard its interest.In a Special General Meeting (SGM) in Delhi on Tuesday, the top BCCI officials decided to oppose ICC’s new constitution that seeks to reduce India’s share in revenue and power.
As quoted in Hindustan Times, a source close to the developments said:“The officials at the meeting agreed that ICC is breaching the contract. It was suggested at the SGM that BCCI had been honouring bilateral commitments on Future Tours Programme (FTP) over the past two years only on account of the 2014 revenue and governance model that gave the Big Three sweeping powers. If ICC changes it now, it will be breaching the contract and stabbing BCCI in the back,”
India has also not respected the FTP fully as they have not played bilateral series against Pakistan but the source said the BCCI was compelled to do so due to political reasons.
“The board hasn’t played Pakistan only due to politicial reasons; otherwise it has gone according to the FTP,” he added.
“BCCI reserves its rights to take all necessary decisions to exercise the rights under the Members Participation Agreement (MPA),” the source said.
In such a scenario, India can pull out of the Champions Trophy which begins from June 1 in England. The Indian cricket board can also take legal recourse if ICC breaches the contract.