ICC meets, Srini to head revamped body
Despite the initial uproar the controversial position paper caused early this year, the International Cricket Council’s annual conference beginning in Melbourne today is set to ring in a new world order.cricket Updated: Jun 24, 2014 00:54 IST
Despite the initial uproar the controversial position paper caused early this year, the International Cricket Council’s annual conference beginning in Melbourne today is set to ring in a new world order. The five-day meet aims to approve changes in commercial and governance matters that would herald a total overhaul in global cricket administration, vesting enormous power with the BCCI, and the England and Australia boards.
With all other national boards too having fallen in line, the main focus will be the anointment of BCCI’s sidelined president, N Srinivasan as chairman of the ICC, an all-powerful position created to reflect the changed power structure. The Supreme Court had quashed a plea to prevent him from taking over while the Justice Mukul Mudgal panel investigates the IPL fixing allegations.
According to the sweeping powers vested with India, England and Australia in the new set up, a new executive committee will be headed by Cricket Australia chairman, Wally Edwards and will report to the ICC Board.
Big 3 have the power
ECB chairman Giles Clarke will continue to head the Finance and Commercial Affairs Committee until 2016. After that the ICC Board head will be elected from within the body with all full member directors entitled to contest for the post. The three major boards will be represented on the executive and finance sub-committees.
A slew of other matters also await amendment. Under the new financial structure, the BCCI, ECB and CA stand to gain a much larger share of the revenue. If the revenue goes up to $3.5 billion, as per the progressive estimation, BCCI could earn upwards of $750 million over eight years. That would change the current equitable pay structure where the BCCI’s share is the same as that of Bangladesh and Zimbabwe. The full members are projected to get $52 million each upto a revenue level of $2.25 billion, which could touch $85 million if the revenue goes up to $3.5 billion.
Bangladesh’s Mustafa Kamal is set to take over as the next ICC president for a one year-term. The role will be largely ceremonial. The Anti Corruption Security Unit is expected to place its report. The ACSU, until now an independent body, faces a review, and will henceforth report to the executive committee instead of the ICC management.