As the ICC approved its radical overhaul plans on Saturday, N Srinivasan emerged victorious. This restructuring is his brainchild — a model which he successfully sold to Cricket Australia (CA) chairman Wally Edwards and England and Wales Cricket Board (ECB) chief Giles Clarke.
Though the contents of the paper were leaked to the media a week before the crucial Dubai meet of the ICC, the Big Three, lead by Srinivasan, were able to pull off their plans. Going into the Board meeting in Singapore on Saturday, a follow-up of ICC’s discussion last month, Srinivasan was confident that things would fall in place.
He will now become the ICC chairman for the next two years starting July. The reformed structure now officially makes him the most powerful man in world cricket.
As the BCCI president, Srinivasan always had the backing of the world’s richest and most influential cricket body. Now, the changes in the ICC will make India more powerful financially and within the world organisation, and Srinivasan will have the last word on most matters, home and away.
The ICC in its press release said that “the structure of the model will ensure that none of the Full Members will be worse off than they are at present and — if forecasts of revenue generation prove to be correct — all will be significantly better off.” It was also explained that more revenue will come “because of a programme designed to secure a lucrative new rights deal”.
This essentially means that Srinivasan as the ICC chairman, with Edwards and Clarke by his side as heads of the newly-formed Executive Committee and Finance and Commercial Affairs (F&CA) Committee respectively, can now dictate terms in all ICC events. With the Future Tours Programme (FTP) becoming a bilateral affair from the next rights cycle, he as the BCCI chief, will also be in a position to have a say about broadcast deals for the bilateral assignments.
“Full Members will gain greater financial recognition based on the contribution they have made to the game, particularly in terms of finance, their ICC history and their on-field performances in the three formats,” said the ICC release.
India contributes to 80 per cent of the ICC revenue. With the market pull that India exerts, there’s expected to be a mad scramble over playing bilateral series against India as hosting them ensures windfall. Once again, Srinivasan would be the go-to man for the other boards.
Srinivasan always regretted the fact that his predecessors in the BCCI who went on to represent the world body, did very little to help India’s cause in terms of revenue sharing. The BCCI will now earn at least 20 per cent more from the ICC events from the next rights cycle. The man has changed the game.
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