Agency :
The International Cricket Council (ICC) has reportedly asked the Board of Cricket Control in India (BCCI) to play USD 23 million.
According to reports, ICC has asked BCCI to pay USD 23 million [INR 160 crore approx] before the end of 2018 and if they fail to do so, they will lose the hosting rights of Champions Trophy 2021 and 50-over World Cup in 2023.
When asked the reason behind wanting the hefty amount from BCCI, ICC informed that it relates to the tax deductions when India hosted the 2016 ICC World T20. The ICC didn’t get waiver from neither central or the state government and so it now wants the Indian cricket board to compensate it for the same.
And if they fail to do so, ICC will deduct BCCI’s share of revenue for the current fiscal year. The demand reportedly finds a mention in the minutes of ICC board meeting that took place earlier this year in Singapore.
“The ICC hasn’t provided any minutes to the BCCI yet. And now, the ICC is shying away from sharing any minutes because they don’t have any. They just want to recover that money from India. There are indications that this bickering over tax-related matters is only an extension of the acrimony that ICC’s present independent chairman and Srinivasan have shared over a period of time. Time and again, Shashank has targeted BCCI for his own personal agenda.”
A senior member of BCCI, who denied to expose his name insisted that their board are made a scapegoat everytime anything happens – “It’s become fashionable to blame BCCI. Biting the hand that feeds, eh? Is that what it has come down to? A sports body that has economic value primarily because it feeds on India’s commercial stake in the game is telling India that it cannot host a World Cup? And that too with an Indian heading that organisation right now? What a joke.”
The International Cricket Council (ICC) has reportedly asked the Board of Cricket Control in India (BCCI) to play USD 23 million.
According to reports, ICC has asked BCCI to pay USD 23 million [INR 160 crore approx] before the end of 2018 and if they fail to do so, they will lose the hosting rights of Champions Trophy 2021 and 50-over World Cup in 2023.
When asked the reason behind wanting the hefty amount from BCCI, ICC informed that it relates to the tax deductions when India hosted the 2016 ICC World T20. The ICC didn’t get waiver from neither central or the state government and so it now wants the Indian cricket board to compensate it for the same.
And if they fail to do so, ICC will deduct BCCI’s share of revenue for the current fiscal year. The demand reportedly finds a mention in the minutes of ICC board meeting that took place earlier this year in Singapore.
“The ICC hasn’t provided any minutes to the BCCI yet. And now, the ICC is shying away from sharing any minutes because they don’t have any. They just want to recover that money from India. There are indications that this bickering over tax-related matters is only an extension of the acrimony that ICC’s present independent chairman and Srinivasan have shared over a period of time. Time and again, Shashank has targeted BCCI for his own personal agenda.”
A senior member of BCCI, who denied to expose his name insisted that their board are made a scapegoat everytime anything happens – “It’s become fashionable to blame BCCI. Biting the hand that feeds, eh? Is that what it has come down to? A sports body that has economic value primarily because it feeds on India’s commercial stake in the game is telling India that it cannot host a World Cup? And that too with an Indian heading that organisation right now? What a joke.”
