Safeguarding India’s interests at the ICC has become the BCCI’s top-most priority and the Indian board might even refuse to sign the Members Participation Agreement (MPA) for the 2023-2031 cycle if their demands are not met.
“That’s our top-most priority. We are seriously going to oppose their (new) governance structure, business model and the Future Tours Programme (FTP). If it comes to a crunch, then I don’t see the BCCI is signing the MPA,” cricket board treasurer Arun Dhumal told The Indian Express.
During the ICC Board meeting in Dubai last month, the global body had proposed eight flagship events in eight years – from 2023 onwards — as part of their next broadcast rights package. This was done ostensibly to highjack the BCCI’s share of revenue from potential broadcasters for the 2023-2028 cycle.
For the ongoing cycle, 2015-2023, both the BCCI and the ICC have the same official broadcaster, Star Sports, for their home series and global events respectively.
The ICC has also kept the BCCI out of its newly-formed working group that will look into the future governance structure of the world body.
India contributes to over 70 per cent of the ICC’s revenue. But in 2017, as the global body disbanded the ‘Big Three’ model and revamped its revenue distribution system, the BCCI’s projected revenue came down to $293 million over an eight-year cycle. Under the ‘Big Three’ model, India stood to earn at least $440 million over an eight-year period from 2015-2023. Based on profits, it could even rise to $570 million.
After taking charge as the BCCI president, Sourav Ganguly, too, has spoken about how time has come to assert India’s case at the ICC.
“… sometime less is more in life. So we got to be careful with that (more flagship ICC events). And the football World Cup happens every four years and you see the madness. That’s a decision the ICC has to make. I’m not in a position to talk or comment on it. As in, when I get an opportunity to be a part of the discussion, I will speak,” Ganguly had said.
“The ICC’s holiday is over,” said former BCCI treasurer Anirudh Chaudhary.