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A letter written by an Indian broadcaster to the International Cricket Council (ICC) has come to light
According to Express News, while the fate of the Champions Trophy hangs in the balance, a letter written by broadcaster Star India to the ICC a few months ago has come to light. The letter states that the popularity of the Indian cricket team among cricket fans is very high stressing that it provides the ICC with the highest revenue.
The Indian board, taking advantage of its money and the ICC's Indian sponsors, refused to send its team to Pakistan, presenting instead the option of a hybrid model. In response, Chairman PCB Mohsin Naqvi has taken a strong stand, sticking to his guns. However, now the letter has revealed that if the Indian team backs off from the tournament, they will suffer financial losses, while the tournament will have to suffer less if Pakistan leaves.
Questions are being raised about the leaked letter as soon as the ICC Chairman Jay Shah received it. The letter states that the total value of the media rights of the Champions Trophy is $750 million. If India is out of the event, the ICC will have to bear a loss of 90 per cent of the 750 million US dollars.
The other scenario is that this loss will be only 10 per cent due to Pakistan's absence from the event
PCB and BCCI have reached an agreement on a hybrid model, under which the Pakistan and Indian teams will play their matches in Dubai in both men's and women's competitions in all events until 2027.
An ICC board meeting will now be held on December 7, and the future of the Champions Trophy is likely to be decided in the meeting.
ICC meeting on Champions Trophy fate postponed, again
India has once again refused to accept the formula proposed by the Pakistan Cricket Board (PCB) regarding Champions Trophy deadlock, leading to further postponement of the International Cricket Council’s (ICC) board meeting scheduled for Thursday.
As per the details, the meeting scheduled for the day in Dubai will now be held on December 7 -- only after India responds to Pakistan's position, and all stakeholders are confident of a solution that could be accepted by both countries.
The PCB has made it clear to the ICC that the meeting should only be called once India has responded, and a decision can be made, reports said.
Earlier, PCB Chairman Mohsin Naqvi arrived in Dubai to attend the meeting scheduled for the evening on Dec 5. A major decision on the Champions Trophy was likely to be made during the same.
Meanwhile, an Indian cricketing website claimed that the Champions Trophy will be held under the hybrid model and “Pakistan has accepted it”.
However, PCB has officially only offered a two-nation formula instead of the hybrid model. Under said arrangement, Pakistan shall also not play any ICC tournaments on Indian soil for at least the next three years.
Among other conditions put forth by Pakistan, a 3-nation series with India should also be played at a neutral venue.
While reports say that India is not likely to accept any demands but a majority of the board members “will agree to hold Champions Trophy under two-nation formula”, PCB has rubbished all claims and reiterated its stance.
According to Express News, while the fate of the Champions Trophy hangs in the balance, a letter written by broadcaster Star India to the ICC a few months ago has come to light. The letter states that the popularity of the Indian cricket team among cricket fans is very high stressing that it provides the ICC with the highest revenue.
The Indian board, taking advantage of its money and the ICC's Indian sponsors, refused to send its team to Pakistan, presenting instead the option of a hybrid model. In response, Chairman PCB Mohsin Naqvi has taken a strong stand, sticking to his guns. However, now the letter has revealed that if the Indian team backs off from the tournament, they will suffer financial losses, while the tournament will have to suffer less if Pakistan leaves.
Questions are being raised about the leaked letter as soon as the ICC Chairman Jay Shah received it. The letter states that the total value of the media rights of the Champions Trophy is $750 million. If India is out of the event, the ICC will have to bear a loss of 90 per cent of the 750 million US dollars.
The other scenario is that this loss will be only 10 per cent due to Pakistan's absence from the event
PCB and BCCI have reached an agreement on a hybrid model, under which the Pakistan and Indian teams will play their matches in Dubai in both men's and women's competitions in all events until 2027.
An ICC board meeting will now be held on December 7, and the future of the Champions Trophy is likely to be decided in the meeting.
ICC meeting on Champions Trophy fate postponed, again
India has once again refused to accept the formula proposed by the Pakistan Cricket Board (PCB) regarding Champions Trophy deadlock, leading to further postponement of the International Cricket Council’s (ICC) board meeting scheduled for Thursday.
As per the details, the meeting scheduled for the day in Dubai will now be held on December 7 -- only after India responds to Pakistan's position, and all stakeholders are confident of a solution that could be accepted by both countries.
The PCB has made it clear to the ICC that the meeting should only be called once India has responded, and a decision can be made, reports said.
Earlier, PCB Chairman Mohsin Naqvi arrived in Dubai to attend the meeting scheduled for the evening on Dec 5. A major decision on the Champions Trophy was likely to be made during the same.
Meanwhile, an Indian cricketing website claimed that the Champions Trophy will be held under the hybrid model and “Pakistan has accepted it”.
However, PCB has officially only offered a two-nation formula instead of the hybrid model. Under said arrangement, Pakistan shall also not play any ICC tournaments on Indian soil for at least the next three years.
Among other conditions put forth by Pakistan, a 3-nation series with India should also be played at a neutral venue.
While reports say that India is not likely to accept any demands but a majority of the board members “will agree to hold Champions Trophy under two-nation formula”, PCB has rubbished all claims and reiterated its stance.
