The ICC Board also unanimously agreed a new financial model, thereby reversing the 2014 resolutions and giving greater equality in the distribution of ICC income. As such the revenue distribution for the cycle 2016-2023 will be as follows:
Based on current forecasted revenues and costs, BCCI will receive $405m across the eight year cycle, ECB $139m, Zimbabwe Cricket $94m and the seven existing Full Members $128m each. The Associate Members (together with Ireland and Afghanistan) will collectively receive funding of $240m.
The ICC Full Council also voted unanimously to expel USACA following a Board recommendation in April and a recent Dispute Resolution Committee hearing before the Honourable Michael Beloff QC, which concluded last week. Further details will be issued in the coming days outlining the process which will now be followed to establish a new governing body for cricket in the USA that is capable of unifying the fractured cricket community in that part of the world.
ICC Chairman Shashank Manohar said: “I would like to thank all ICC members for their commitment to changing the constitution for the good of the global game. This is the first step towards the ICC improving its governance and I believe that these changes will benefit all members and enable us to continue to grow the global game.
“Throughout this process we have shown the strength of a collective and unified approach and I would like to pay tribute to my Board colleagues who have been so determined to reach consensus. They have not focused solely on their own country but have ensured cricket around the world benefits.”
Based on current forecasted revenues and costs, BCCI will receive $405m across the eight year cycle, ECB $139m, Zimbabwe Cricket $94m and the seven existing Full Members $128m each. The Associate Members (together with Ireland and Afghanistan) will collectively receive funding of $240m.
The ICC Full Council also voted unanimously to expel USACA following a Board recommendation in April and a recent Dispute Resolution Committee hearing before the Honourable Michael Beloff QC, which concluded last week. Further details will be issued in the coming days outlining the process which will now be followed to establish a new governing body for cricket in the USA that is capable of unifying the fractured cricket community in that part of the world.
ICC Chairman Shashank Manohar said: “I would like to thank all ICC members for their commitment to changing the constitution for the good of the global game. This is the first step towards the ICC improving its governance and I believe that these changes will benefit all members and enable us to continue to grow the global game.
“Throughout this process we have shown the strength of a collective and unified approach and I would like to pay tribute to my Board colleagues who have been so determined to reach consensus. They have not focused solely on their own country but have ensured cricket around the world benefits.”
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