CHENNAI: After deliberating boycott of Champions Trophy in protest of ICC’s new revenue sharing and governance policy, BCCI members decided unanimously to take part and keep fighting for the board’s ‘bonafide share’.
The SGM in New Delhi lasted about an hour and-a-half on Sunday, and the matter didn’t go to votes despite divided opinion on participation till the 11th hour.
With the house authorising acting secretary Amitabh Chowdhary to “continue negotiations keeping legal options open”, there emerged other highlights.
Members informed that initial part of “negotiations” already promises amounts in excess of the $393 million they had been asked to settle for, they suddenly found merit in a suggestion by the late Jagmohan Dalmiya. And after a long time, a proposal by N Srinivasan met opposition.
Srinivasan represented Tamil Nadu via Skype from UK, and said the BCCI should formally ask the world body to “remedy the breach” in a contract on participation in ICC events. Saurashtra and Maharashtra led voices against it.
“Discussions revealed that BCCI will get over $400 million. We felt pulling out will weaken BCCI’s position further,” a member told Express.
To recover the loss of around Rs 120 crore a year, BCCI might follow Dalmiya’s idea of hosting a tri-series in the unoccupied October slot, after the scrapping of the Champions League T20 event in 2015. The BCCI earns `45 crore per home match from sponsors.
SGM highlights
India to play Champions Trophy
Team selection today
Slight rise in share expected
Negotiations with ICC continue
Srinivasan proposal turned down