Dubai
\nThe door has not yet been completely shut on the BCCI as far as the ICC\u2019s finance model is concerned. ESPNcricinfo understands that immediately after the BCCI was outvoted at the ICC Board meeting on Wednesday, the ICC chairman Shashank Manohar informed Amitabh Choudhury, the BCCI secretary, that the settlement offer of an additional $100 million was still on the table.
\nUnder the new finance model, the BCCI stands to receive $293 million from the ICC revenue across an eight-year cycle. The BCCI had wanted $570 million – the share it would have received under the previous Big Three finance model – but Manohar had made a counter offer of an additional $100 million over the $293 million to raise the Indian board\u2019s share to nearly $400 million.
\nOn Wednesday, the ICC board read the letter submitted by Choudhury on the mandate given to him by the BCCI and rejected his proposal.
\nHow did the BCCI lose?
\nHours before before the ICC Board met, Choudhury and BCCI CEO Rahul Johri conducted discussions with heads of various boards such as the ECB, Cricket Australia, the WICB, Associates representative Imran Khawaja, and Manohar.
\nIt is understood that both BCCI representatives wanted to try and find a \u201cmiddle path\u201d on the finance model. The idea was to get as close to the $445 million figure the Committee of Administrators (CoA, appointed by Supreme Court of India to supervise the BCCI) had asked Manohar for in March. There was then a separate meeting between Choudhury and three members of the ICC working group, which had drafted the new constitution. Manohar, ECB chairman Giles Clarke and CA chairman David Peever once again placed the offer of an additional $100 million to Choudhury.
\n\u201cEarlier the offer had been made by Manohar, but this was a formal offer from the ICC working group. He [Choudhury] turned it down,\u201d an official said. \u201cHe was told that in that case the original proposal had already been approved in February and we can\u2019t change that. Hence the ICC model went through.\u201d
\nWith Choudhury refusing to enter a discussion on the settlement deal, the ICC working group was left with no choice but to ask for a show of hands. The BCCI was taken aback when Full Members whom it understood to be in its corner swayed to the ICC side. The BCB, Zimbabwe Cricket and the WICB have been BCCI allies for a long time, but on Wednesday they voted against it. The case of the BCB and ZC was surprising only because both had submitted strong reservations at the outset of the ICC Board meeting. ZC even called the draft constitution \u201cdiscriminatory.\u201d The official said one main reason behind these three boards changing stance was the ICC\u2019s decision to provide them financial help.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dubai The door has not yet been completely shut on the BCCI as far as the ICC\u2019s finance model is concerned. ESPNcricinfo understands that immediately after the BCCI was outvoted at the ICC Board meeting on Wednesday, the ICC chairman Shashank Manohar informed Amitabh Choudhury, the BCCI secretary, that the settlement offer of an additional […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-17025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-sports"},"yoast_head":"\n