It Would Be Our Loss If We Boycott Champions Trophy 2017: Rajeev Shukla

Apr 27, 2017 at 8:46 PM

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It Would Be Our Loss If We Boycott Champions Trophy 2017: Rajeev Shukla

Indian Premier League chairman Rajeev Shukla has expressed that it would not be the right idea for defending champions India to pull out of the mega event, in the form of Champions Trophy following the revised financial redistribution model which saw Board of Control for Cricket in India (BCCI) being outvoted in the International Cricket Council’s (ICC) crucial meeting this week.

“I think a way should be found out so that we get the revenue and we don’t have to boycott the Champions Trophy. It would be only our loss if we boycott the Champions Trophy,” Shukla was quoted as saying by ANI.

The national cricket board functionary Shukla has also revealed such move could result in a loss for the team at international level.

“We should not be in haste to boycott the Champions Trophy. We should try to find out a way with the ICC so that we get our deserved revenue. We should be patient and should see that because of any step, we don’t get isolated in world cricket,” Shukla added.

The 57-year-old Shukla terms it as ‘unfortunate’ thing to see what has panned out during the recent world governing body’s meeting at its headquarters in Dubai.

“Whatever has happened in Dubai is unfortunate. Whatever share we were demanding, we did not get that,” Shukla asserted.

The new model in financing suggested that BCCI will receive USD 293 from 2016 to 2023 which is an eight-year cycle.

After BCCI lost on the front of revenue votes and at the governance system before the speculations were doing rounds that India might pull out of upcoming Champions Trophy.

Earlier, the powerful board fetched the amount of whooping 570 million dollars after ‘Big Three’ formula was initiated in 2014 which further included England and Australia.

After the meeting global meeting, the approval will see the board receiving the amount which hasn’t received the liking from BCCI as it had provided major opportunities and revenue generation in the recent past.

BCCI has also turned down the deal of USD 100 million offered from ICC chairman Shashank Manohar for agreeing to the terms and conditions of the revamped eight-year cycle.

England Cricket Board is bound to receive USD 143 million whereas Zimbabwe will bag USD 94 million and the other seven Full Members will fetch USD 132 million each after the model was voted as 13 to 1.

However, the report suggested the Associate Members of the ICC will receive USD 280 million in the form of funding.

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