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India in no danger of losing hosting rights for World Cup 2023: David Richardson [Update Post #145]

The icc exists because of its members. It earns money because of its members. Without the members sending their teams to play, Icc wont have a tournament. In return of that ICC gives each member a certain amount to promote cricket in their country.

So no the ICC is not doing any charity.

In the end it goes down as the ICC's income which it is down to the board to decide what to do with it through a 'democratic' voting system. There's not going to be a legal option to go through with in arguing over a board-agreed redistribution of the ICC's own revenue.

The icc has not even applied for tax waiver. How will it get one?

In the end none of us know what the agreement was, I assume/hope we'll get some more info soon.
 
Let's not exaggerate, the ICC is a board essentially acting as a charity by giving out their income, if the board voted to deduct from India's share then it wouldn't be an illegal decision.

Their income?

Does ICC chairman and ICC officials play cricket matches?

Host nation pays does all arrangements.

Each board pays their players MATCH FEES. Remember ICC pays 0 money to players for sweating out there.


ICC probably pays umpires and other staff employed by ICC.

ICC probably pays for awards.

You're talking as if ICC is some charity organization entitled to free services of players and likes of Kohli, ABDV are their slaves to they owe nothing to him.

ICC uses all those services and pays nothing. Later once they get money they pay boards their share.

ICC are free to refuse the money to boards and ask their chairman and members to play cricket for them.
 
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In the end it goes down as the ICC's income which it is down to the board to decide what to do with it through a 'democratic' voting system. There's not going to be a legal option to go through with in arguing over a board-agreed redistribution of the ICC's own revenue.

In the end none of us know what the agreement was, I assume/hope we'll get some more info soon.

Yes, it's upto members to decide how that money is distributed. But ICC distributed money is not a charity. It's fair share of to players for their services.

It's like all the money your employer earn is their income, but the amount give to you is not charity.
 
In the end it goes down as the ICC's income which it is down to the board to decide what to do with it through a 'democratic' voting system. There's not going to be a legal option to go through with in arguing over a board-agreed redistribution of the ICC's own revenue.



In the end none of us know what the agreement was, I assume/hope we'll get some more info soon.

The revenue distribution has already been decided and voted on. Agreement has been signed, thats the MPA. Suddenly ICC cant just target one board and reduce its share.If they distribute the tax deductions among all members then thats a different thing altogether.
 
Who cares about this money nonesense, unless you're a fake fan and have low self esteem you'd be more bothered about the actual sport
 
LOL. No wonder they trying to recoup some $$$ from PCB. BCCI got bills to pay.
 
The revenue distribution has already been decided and voted on. Agreement has been signed, thats the MPA. Suddenly ICC cant just target one board and reduce its share.If they distribute the tax deductions among all members then thats a different thing altogether.

Their have been numerous changes to the revenue distribution since the start of the agreed period, it's quite clearly amendable.
 
Let ICC move this tournament to somewhere else in the same time zone as we have read in media. We will see how much money they are able to earn by hosting the entire tournament is Bangladesh and Sri Lanka.
 
BCCI warns ICC over threats of shifting 2023 World Cup

The International Cricket Council (ICC) and the BCCI have been at the loggerheads over the tax issues since the 2016 World T20I held in India. The governing body of the game had suffered a revenue shortfall after the Indian government refused to exempt the competition from tax. Since then, the Indian government has remained firm on its stance. The BCCI has tried its best to persuade it but so far their efforts haven’t yielded the best results.

However, the ICC is also not ready to accept the revenue loss. It recently asked the Indian board to cough up US $23m (roughly Rs 160 cr) before December 31 to compensate for the tax deductions incurred in hosting the last World T20. The ICC is hopeful of getting compensation from the BCCI after not getting the tax exemption from the Indian government two years ago.

Star TV, the official broadcast rights holder of all ICC tournaments, had deducted all taxes before paying the World governing body for the competition. The apex body now wants the Indian board to compensate for it. The ICC had pointed out its demand in the minutes of its board meeting in Singapore in October.

The apex body of the game has also warned the BCCI of dire consequence if the latter fails to compensate them. In case they fail to meet the demand, the ICC has warned it will deduct that amount from India’s revenue share for the current financial year. Not only that, the ICC has also warned that it will have to think of other options for conducting the 2021 Champions Trophy and 2023 World Cup if the BCCI does not compensate it. Both the tournaments are scheduled to be held in India.

BCCI hits back

The BCCI, on its part, is in no mood to bow down to ICC’s demands and has hit back. In a strongly worded letter to the ICC, it has stated that any move to shift the Champions Trophy and the 2023 World Cup out of India is not in the best interest of world cricket in general and Indian cricket in particular, Bangalore Mirror reported. “The BCCI will view any such move seriously,” the BCCI letter, sent to the ICC recently, states.

Link: https://www.crictracker.com/bcci-warns-icc-over-threats-of-shifting-2023-world-cup/
 
ICC gives BCCI one year to get tax exemptions

The ICC has given the BCCI twelve months to get tax exemptions from the Central Government in order to host two high-profile World competitions in India in 2021 and 2023.

The ICC Chief Executive, David Richardson, informed the BCCI two months ago that if it does not get the tax exemptions for the ICC events to be held in India (men’s and women’s T20 World Cup in 2021 and the ICC Cricket World Cup in 2023) by December 31, 2019, the two competitions may be moved to another country “in order to avoid any adverse tax risks associated with those events.”

The Committee of Administrators (CoA), BCCI office-bearers and the professional managers of the BCCI are aware that they have twelve months to get tax exemptions from the Central and State governments.

The Central Government, especially the then Prime Minister, Manmohan Singh, made a special case and provided tax exemptions for the ICC Cricket World Cup 2011 held in India, but the BJP government, which came to power in 2014 has not extended any such concessions to the BCCI.

Richardson has emphatically stated that the “December 31, 2019 deadline” to provide tax exemptions has been set because the BCCI has not been able to get the tax exemption for the ICC World T20 2016.

Over the last two and half years, the BCCI has given assurances to the ICC that it would be able to provide tax exemptions for the ICC World T20 2016.

BCCI and ICC officials have even met the Union Finance Minister, Arun Jaitley, in this regard. But in the absence of any real development on this count, the ICC, following a request from the BCCI, set a deadline of December 31, 2018, failing which it would deduct $23.75 million from its “future distributions of the ICC’s surplus.”

The big sum of $ 23.75 million has been deposited by Star India (being an Indian company) with the Indian tax authorities. Richardson, in a note, has said: “In 2014, the BCCI and IBC (ICC Business Corporation, the ICC’s Commercial arm) entered into a Host Agreement pursuant to which the Event (ICC World T20 2016) would be staged in India and under which the BCCI undertook to provide not later than 18 months prior to the commencement of the event, a ‘tax solution’ that resulted (among other things) Star not withholding any of the revenues payable under the Media Rights Agreement (MRA) relating to any ICC Event, including the Event.

“The ICC Board has noted that the BCCI did not and has thus far been unable to comply with that obligation and that the ICC has still not received a refund or applicable tax exemption with respect to the $23.75 million more than two years after the Event concluded.”

It’s understood that the Central Government has been persuaded to provide tax exemptions because the two events in 2021 and 2023 each are likely to earn in excess of ₹1000 crores.

The BCCI and the CoA have also received proof of tax exemptions given by the Cricket Boards of Australia, Sri Lanka, Bangladesh and from England, a tax structure set up in concert with the host to ensure that no tax exposure will arise based on expert tax advice.

A BCCI official said: “The $23.75 million belongs to the ICC and its members. Why should they lose it?”


Link: https://www.thehindu.com/sport/cric...ear-to-get-tax-exemptions/article25860397.ece
 
BCCI is just being a bully here.

Without ICC there might be cricket but if someone wants to watch Mumbai Gladiators vs Hyderabad Sun Risers 3 times a year, that's what it will come down to.

For ICC to remain solvent it depends on BCCI but BCCI also depends on ICC to have all the cricket nations playing as a part of international community.

That's just my thoughts.
 
BCCI is just being a bully here.

Without ICC there might be cricket but if someone wants to watch Mumbai Gladiators vs Hyderabad Sun Risers 3 times a year, that's what it will come down to.

For ICC to remain solvent it depends on BCCI but BCCI also depends on ICC to have all the cricket nations playing as a part of international community.

That's just my thoughts.

In this case it is the ICC trying to bully the BCCI by threatening to relocate the WC.
 
ICC should have lobbied with Indian government to get the tax exemption it was seeking, seeing that tax exemption is granted by Government of India and it was an ICC tournament. Just because ICC was unable to get tax exemption from Indian government does not mean they can ask BCCI to compensate for that loss. It is childish as well as unprofessional.
 
ICC granting 1 more year to get tax exemptions! First it was 31-Dec-18 and now 1 more year! ICC knows the writing on wall and just buying more time so that this fades away from public memory!
 
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ICC should have lobbied with Indian government to get the tax exemption it was seeking, seeing that tax exemption is granted by Government of India and it was an ICC tournament. Just because ICC was unable to get tax exemption from Indian government does not mean they can ask BCCI to compensate for that loss. It is childish as well as unprofessional.
With Manohar at helm of ICC's affairs, things will be anything but professional!
 
ICC granting 1 more year to get tax exemptions! First it was 31-Dec-18 and now 1 more year! ICC knows the writing on wall and just buying more time so that this fades away from public memory!

Yea, initially they gave 31st December as the dead line.
 
BCCI is just being a bully here.

Without ICC there might be cricket but if someone wants to watch Mumbai Gladiators vs Hyderabad Sun Risers 3 times a year, that's what it will come down to.

For ICC to remain solvent it depends on BCCI but BCCI also depends on ICC to have all the cricket nations playing as a part of international community.

That's just my thoughts.
Why would BCCI compensate ICC for their losses due to tax not being exempted by GoI in an ICC tourney? Had BCCI got that much leverage over GoI, they'd have gladly got their wish of playing Pakistan each year!
 
ICC granting 1 more year to get tax exemptions! First it was 31-Dec-18 and now 1 more year! ICC knows the writing on wall and just buying more time so that this fades away from public memory!

Exactly how low level bullies work. The give you an ultimatum, and when you pay no attention, the advance the date of the ultimatum.:narine
 
Exactly how low level bullies work. The give you an ultimatum, and when you pay no attention, the advance the date of the ultimatum.:narine

The BCCI never even asked for any extension and yet they were provided one by the ICC :))
 
The BCCI will get what it wants.

India will host the WC as scheduled.
 
Exactly how low level bullies work. The give you an ultimatum, and when you pay no attention, the advance the date of the ultimatum.:narine
I'm amazed to see Manohar still in charge of ICC. And what the hell has Richardson done to warrant such a long tenure as Chief Exec of ICC? How many years has he been in this job, 5-6 yrs at least?
 
worst rogues ruling the BCCI, sad to see such people after Dalmiya created such a wonderful base for cricket ecosystem in India and also his attempts in expansion of cricket.
 
In this case it is the ICC trying to bully the BCCI by threatening to relocate the WC.

And within rights to relocate if the tax exemption is not met.

This is ICC and last I heard BCCI comes under ICC regulations.

What will happen is a different story entirely because BCCI does not believe in ANY LAWS when it comes to its own expansion and success.
 
Why would BCCI compensate ICC for their losses due to tax not being exempted by GoI in an ICC tourney? Had BCCI got that much leverage over GoI, they'd have gladly got their wish of playing Pakistan each year!

Then the tournament should be relocated to a country that will hand out the tax exemption.

I am not saying IT WILL HAPPEN.

But logically it should happen but because of a bully it wont happen.
 
ICC hosted its premier tournament in India for the sake of Indian public adter assurance that BCCI will arrange rax benefits for ICC.

That is one of the primary terms and conditions to get hosting rights.

It seems like BCCI coned ICC as well with fake promises that they could not live up to or probably had no intention to live up to in the first place.

Extremely unprofessional stuff from BCCI. They need to stop cheating with everyone.
 
And within rights to relocate if the tax exemption is not met.

This is ICC and last I heard BCCI comes under ICC regulations.

What will happen is a different story entirely because BCCI does not believe in ANY LAWS when it comes to its own expansion and success.

They did have to bow down to the ICC last time.
 
Then the tournament should be relocated to a country that will hand out the tax exemption.

I am not saying IT WILL HAPPEN.

But logically it should happen but because of a bully it wont happen.

The best way to deal with a bully is to ignore and move on. But for some reason the ICC is refusing to do so. Why?
 
Then the tournament should be relocated to a country that will hand out the tax exemption.

I am not saying IT WILL HAPPEN.

But logically it should happen but because of a bully it wont happen.

Its not bullying its called monopoly, icc has nothing, India is the biggest market, star the official broadcaster is Indian company they paid money because they knew Indians will watch this which was on the assumption that India will play.

You shift the cup, no more Indian team in world cup, which means no more Indians watching it, which means no more star paying you anything.
 
The best way to deal with a bully is to ignore and move on. But for some reason the ICC is refusing to do so. Why?

ICC's survival depends on the monetary returns from BCCI and its wealth.

No one is denying that and which is why ICC is pushing BCCI for tax exemption and trying to get the exemption for its tournament.

The problem is that people seem to think that a future model in which India is only playing India is also acceptable as long as it is profitable and BCCI also follows such thinking.

But where does it stop though?

If you cave in to a bully's demands, isn't the bully going to just keep asking for more and more?
 
Its not bullying its called monopoly, icc has nothing, India is the biggest market, star the official broadcaster is Indian company they paid money because they knew Indians will watch this which was on the assumption that India will play.

You shift the cup, no more Indian team in world cup, which means no more Indians watching it, which means no more star paying you anything.

Then scoot over and get the damn exemption.

It is in BCCI's interest as well to get the exemption according to the things you said.

But it seems like BCCI could care less about tax exemption as long as it's playing the tournament in India with Star as broadcaster.
 
Hope BCCI doesn't end up dead on a beach like heroic dobby. I would not cry for bcci like I did for him.

Everybody cried for Dobby ;((
Much for tragic than Sirius dying in the ministry(which btw was the most tragic death of my childhood).
 
ICC's survival depends on the monetary returns from BCCI and its wealth.

No one is denying that and which is why ICC is pushing BCCI for tax exemption and trying to get the exemption for its tournament.

The problem is that people seem to think that a future model in which India is only playing India is also acceptable as long as it is profitable and BCCI also follows such thinking.

But where does it stop though?

If you cave in to a bully's demands, isn't the bully going to just keep asking for more and more?

It's not icc it's the entire cricket world, some SA players already left international cricket for kolpak deals, you think they won't leave for year long ipl, same with NZ. Pak can't play at home, English audiences have long past given up on cricket outside ashes and world cup,bbl is plauteaing in Aus, we are the one and only cash cow of cricket.

If I put most of the food on the table what I say goes, you don't like it how about you bring your own food is what bcci is saying.
 
Then scoot over and get the damn exemption.

It is in BCCI's interest as well to get the exemption according to the things you said.

But it seems like BCCI could care less about tax exemption as long as it's playing the tournament in India with Star as broadcaster.
It isn't bcci's problem though is it, icc wants the exemption for an event icc makes money from, this isn't the fifa worldcup or Olympics, India holds all the cards here, if government doesn't give you an exemption what are you gonna do? Its monopoly rules, you want it you take it the way I give it to you or you can leave, the small problem you can't leave and you know it.
 
ICC's survival depends on the monetary returns from BCCI and its wealth.

No one is denying that and which is why ICC is pushing BCCI for tax exemption and trying to get the exemption for its tournament.

The problem is that people seem to think that a future model in which India is only playing India is also acceptable as long as it is profitable and BCCI also follows such thinking.

But where does it stop though?

If you cave in to a bully's demands, isn't the bully going to just keep asking for more and more?

If you want a piece of someone else's money, you have to do what they want/dictate you to do. That is how the real world works. In this case the ICC wants BCCI $$$.

I guess one way to stop a bully's demand is to stand up and force a change. And this change has to come from the opposite side, not the BCCI. But I do not see any willingness from the other side (ICC and all other boards). They are perfectly happy to get on the good side of BCCI and pocket the $$$. I guess selfishness and greed over anything else.
 
When ICCs 70% revenue comes from Indian market, why should GOI exempt tax? If you want to benefit from Indian market, then pay your dues. It is not 1947 so you could gang up on India. Other countries exempt tax because they are the ones who will be benefiting from from ICC.
 
I love the way BCCI rolls. No care in the world for delivering on their word, no care about consequences, no care for spoiling their good name. Its the stuff dreams are made of.
 
I love the way BCCI rolls. No care in the world for delivering on their word, no care about consequences, no care for spoiling their good name. Its the stuff dreams are made of.

The BCCI has a good name? News to me.
 
Then scoot over and get the damn exemption.

It is in BCCI's interest as well to get the exemption according to the things you said.

But it seems like BCCI could care less about tax exemption as long as it's playing the tournament in India with Star as broadcaster.

What is the point of mentioning Star in this matter? Do you think that Star pays BCCI for WC telecast?
 
And within rights to relocate if the tax exemption is not met.

This is ICC and last I heard BCCI comes under ICC regulations.

What will happen is a different story entirely because BCCI does not believe in ANY LAWS when it comes to its own expansion and success.

Bcci is within it rights not to send a team, if ICC relocates the cup.
 
Its not bullying its called monopoly, icc has nothing, India is the biggest market, star the official broadcaster is Indian company they paid money because they knew Indians will watch this which was on the assumption that India will play.

You shift the cup, no more Indian team in world cup, which means no more Indians watching it, which means no more star paying you anything.

Star is NOT an Indian company.

No Indian watches the football World Cup if you go by that logic? Star or other broadcaster doesn’t pay for broadcasting rights?
 
Star is NOT an Indian company.

No Indian watches the football World Cup if you go by that logic? Star or other broadcaster doesn’t pay for broadcasting rights?

Apples and Oranges comparision. Indian team has never played in a football WC so Indians who watch it have their non indian teams or players.

Secondly the fanaticism for the football WC isnt the same as cricket in India. Its far far far lesser.

Thirdly STAR didnot pay billion dollars to telecast the Fifa WC only in India, but it paid ICC billion dollars to telecast the ICC tournament with 70% of revenues coming from India.

India is a top team in the cricketing world and Indians support it. If There is a tri series of Dhoni 11 vs Kohli 11 vs Rohit 11 during the world cup, Indians will watch that more than any world cup.
 
Star is NOT an Indian company.

No Indian watches the football World Cup if you go by that logic? Star or other broadcaster doesn’t pay for broadcasting rights?

Star is an indian company, also as [MENTION=76058]cricketjoshila[/MENTION] pointed out Football worldcup is played bu different rules and that is why i called it a monopoly, FIFA WC isn't a monopoly it is the biggest competition of the entire world watches.
 
Then the tournament should be relocated to a country that will hand out the tax exemption.

I am not saying IT WILL HAPPEN.

But logically it should happen but because of a bully it wont happen.

After paying tax, the total revenue in India will be higher than without paying tax in any other venue. It's irrational to move. ICC and BCCI both know this.
 
Should have known better. ICC is not going to dare to do anything against the BCCI. They are full of empty threats.
 
So when it's CT or WC, everything will come to normal and Pakistan team can visit but if it has to do with Bilateral series, Pakistan cannot visit.
LOL

Now don't come up with the Asia Cup, no one cared about that 5 match tournament.
 
I think the BCCI should take Australia, South Africa, and the other usual suspects with it to play its own world cup.
 
I'd hate to see a World Cup held just in India :( at least spread it out over Asia like in 2011
 
After paying tax, the total revenue in India will be higher than without paying tax in any other venue. It's irrational to move. ICC and BCCI both know this.

There you go. Nailed it
 
Who is gonna sponsor and who's gonna watch?
If India invites SA, Australia, NZ, SL, BD, WI and ENG for a LOI tournament in India and calls it world series cup I bet it will be bigger than any world cup held anywhere else other than India
 
If India invites SA, Australia, NZ, SL, BD, WI and ENG for a LOI tournament in India and calls it world series cup I bet it will be bigger than any world cup held anywhere else other than India

lol @ world series cup.

The World Cup has history and is played by all nations inc qualifiers. If India does such a move it will be nothing more than a multiple team compitition. 7 teams is not the world.
 
The ICC doesn’t want to pay it’s taxes. It is trying to extort them from the BCCI with the threat of moving lucrative tournaments elsewhere. So who is attempting to bully
 
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lol @ world series cup.

The World Cup has history and is played by all nations inc qualifiers. If India does such a move it will be nothing more than a multiple team compitition. 7 teams is not the world.

Is that not a 'champions trophy' ?
 
lol @ world series cup.

The World Cup has history and is played by all nations inc qualifiers. If India does such a move it will be nothing more than a multiple team compitition. 7 teams is not the world.

You are free to lol at it. But remember a t20 tournament without any international teams actually makes as much or money than WC. So why won't a ODI tournament comprising of the top teams won't make any money? It is just a champions trophy without pakistan. Don't say without pakistan no one will watch. That is PCB thought when they pulled their players from IPL.
 
lol @ world series cup.

The World Cup has history and is played by all nations inc qualifiers. If India does such a move it will be nothing more than a multiple team compitition. 7 teams is not the world.

10 teams is.
 
lol @ world series cup.

The World Cup has history and is played by all nations inc qualifiers. If India does such a move it will be nothing more than a multiple team compitition. 7 teams is not the world.

10 teams is.

Apologies for going off topic, but how is 10 team considered a World Cup?
 
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India in no danger of losing hosting rights for World Cup 2023: David Richardson

ndia are not in danger of losing the hosting rights of the 2021 Champions Trophy and 2023 World Cup despite tax exemption issues, the International Cricket Council (ICC) CEO David Richardson declared Thursday, ending speculation that has swirled around the two events.

The Indian government refused to give tax exemptions to the ICC when the country hosted the 2016 World T20 following which the game's governing body asked the BCCI to either pay USD 23 million (Rs 161 crore) as compensation or lose the 2023 World Cup rights.

"Getting tax exemptions is very important for world cricket because every cent that is made by the ICC revenue wise is put back into the game. This helps countries like the West Indies who don't generate as much revenue," said Richardson at an event to announce a five-year partnership with Coco-Cola.

"But having said that there are no plans of taking away the hosting (from India) and I'm sure we will get it (exemption) in the end, we've still got a lot of time," he added.

The schedule for the 2020 T20 World Cup was announced earlier this week and India and Pakistan won't meet in the group stages for the first time since 2011.

Richardson explained that the groups were decided on the basis of rankings and there was no credible way for the two neighbouring nations to meet before the semifinals.

"We have arranged the groups in a way that has credibility and is based on the ranking system. The teams are placed according to their ranks. In this case, Pakistan were number one in the rankings in their group and India number two," Richardson said.

"...we found no credible way of putting them in the same group. Hopefully from a world perspective they will meet each other in the semifinals or final."

One of the serious problems the ICC is facing is the ever-increasing threat of corruption in the game, Richardson said the ICC's Anti-Corruption Unit (ACU) is pro-actively working to curb the menace.

"It's not just about anti-corruption but also about player conduct. In recent times, we have had several unruly incidents around the world and we have taken really firm steps there to make sure that everybody understands we need to protect the spirit of cricket."

"We have taken a more proactive approach to disrupt the actions of certain frivolous individuals that wander around trying to fix cricket matches. We continuously are trying to disrupt them as much as possible and the players are doing the right thing by reporting any incident."


Richardson, who will step down after the World Cup in July, was asked about the highs and lows of his time in office, the South African said convincing India to use DRS was a memorable achievement for him.

"Some things took a little longer than we'd like to implement. One of them was to convince India that DRS was a good thing. It probably took so long because in the first trial that we conducted, all the decisions seemed to go against India. So we had to convince Anil Kumble that it could work," he said.


Link: https://www.indiatoday.in/sports/cr...for-world-cup-2023-icc-ceo-1443527-2019-01-31
 
Thanks, ICC. We Indian fans really appreciate it. Thanks for showing mercy on us.
 
It was always on the cards. Both the party knew. Good to see confidence of BCCI again.
 
This forum would become go bhangra if this was to happen.
 
Dave Richardson was in ICC for god knows how long. May be the suggestion that he needed to go did the trick.
 
Dave Richardson was in ICC for god knows how long. May be the suggestion that he needed to go did the trick.

Wasn't he the one giving threats to the BCCI regarding the rights of the World Cup? Now now he is doing a U-Turn.
 
Dave Richardson was in ICC for god knows how long. May be the suggestion that he needed to go did the trick.
From '12, IIRC.

He is now being replaced by an Indian, Manu Sawhney, ex-MD of ESPN Star Sports.
 
"Getting tax exemptions is very important for world cricket because every cent that is made by the ICC revenue wise is put back into the game. This helps countries like the West Indies who don't generate as much revenue," said Richardson at an event to announce a five-year partnership with Coco-Cola.

"But having said that there are no plans of taking away the hosting (from India) and I'm sure we will get it (exemption) in the end, we've still got a lot of time," he added
These lines stand out, especially the bold ones....lol.
 
ICC-BCCI in tussle over tax exemption on events held in India

The BCCI is set to seek advice from an English law firm after the ICC threatened to deduct a part of the Indian cricket board’s annual revenue share in a continuing tussle on tax exemptions for events held in India.

The Shashank Manohar-led International Cricket Council (ICC) wants complete tax exemption for all global events happening in India and is still awaiting waiver for the 2016 World T20 held in the country.

According to the latest documentation of the July 6 Committee of Administrators (CoA) meeting in New Delhi, the ICC wants to recover the tax burden for the 2016 event by slashing the BCCI annual share from the ICC revenue.

The BCCI legal team has informed the CoA that the Board “ensured all efforts to make tax exemptions to ICC. Prior to this event (2016), these events have always received tax exemptions.”

In the recorded minutes uploaded on the BCCI’s website, it is stated that the ICC wants to slash the BCCI’s annual revenue and recover the amount.

“For the 2016 event, tax authorities directed that 10 per cent of the amount payable by ICC’s broadcaster (Star Sports) to ICC under media rights agreement (MRA) should be withheld.

“The CoA was informed that ICC is now attempting to recover the same amount by deducting the same amounts payable by ICC to BCCI,” it stated.

The CoA has asked the BCCI legal team to contact an “English law firm” since the “agreement between BCCI and the ICC in relation to the hosting of the 2016 World T20 is governed by English law.”

When contacted, a senior BCCI official said that if ICC has its way, the annual revenue of USD 405 million earmarked for the richest cricket board could be slashed by USD 40.5 million (10 per cent).

“The BCCI can’t change the existing government tax laws. We have time and again intimated this to the ICC,” the official told PTI on Thursday.

He agreed that unless the current tax law structure is changed or the government of the day agrees on a waiver, there could be problems in hosting of the next two big events in India — the 2021 World T20 and the 2023 50-over World Cup.

“Normally ICC seeks exemption on excise duties for importing TV production equipment. But in this case Star (Sports) which also has the BCCI’s home match rights has a set up in India,” the BCCI official pointed out.

“So why does BCCI need to carry their burden? In any case, we can’t violate government laws and the ICC chairman should be the first one to know that as he has also been BCCI president,” the official said.

Deadlock on Azharuddin’s payments to continue

In other decisions, the BCCI will not clear the payments pending towards former India captain Mohammed Azharuddin after he was banned on match-fixing charges in 2000.

While Azharuddin’s name is not mentioned in the minutes of the July 6 meeting, it states about CoA, having discussed “payments being not made to a certain retired senior cricketer.”

“After some discussions, the CoA decided that no further decision is to be taken in this matter.” The senior official said that the player in question is Azharuddin.

Orders by Ethics Officer on Conflict cases not to be on website

The CoA has decided that there is no provision in the new constitution that requires the orders passed by the Ethics Officer to be published on the board’s website and henceforth only a summarised report will be made public.

Also in the minutes of the June 29 meeting, it was decided by the Vinod Rai-led committee that from now on, any complaint filed against BCCI office-bearers or officials will have to be accompanied with a sworn statement from the complainant that he takes “responsibility and ownership of the contents of the complaints.”

Pune and Ranchi swap Tests due to Durga Puja

Pune will now host the second Test between India and South Africa from October 10 to 14 instead of Ranchi which has been handed the third and final Test from October 19-23.

The decision was taken at a CoA meeting on June 29 after the Jharkhand State Cricket Association expressed its inability to host on earlier dates as they are clashing with Durga Puja.

https://www.cricketcountry.com/news...-tax-exemption-on-events-held-in-india-877425
 
$40 million is just a drop in the ocean for BCCI given their revenues from IPL, Bilaterals, ICC events and other endorsement related revenues.

It's likely that it will cost BCCI more in going back and forth with the ICC and fighting this. So perhaps the BCCI should throw ICC a bone. It will help things move forward from this nonsensical issue and have ICC focus on matters of higher importance.
 
$40 million is just a drop in the ocean for BCCI given their revenues from IPL, Bilaterals, ICC events and other endorsement related revenues.

It's likely that it will cost BCCI more in going back and forth with the ICC and fighting this. So perhaps the BCCI should throw ICC a bone. It will help things move forward from this nonsensical issue and have ICC focus on matters of higher importance.

The BCCI will be conceding tax revenues and exemptions to the ICC for future events in India as well and should they fail to provide it, it is unlikely that the ICC will host future global events in India
 
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