The Indian cricket board’s demand for a larger stake in the financial pie of the International Cricket Council (ICC) seemed another attempt by the BCCI to throw its weight around. But according to BCCI secretary Sanjay Patel it is “just and fair”.
On the sidelines of ICC’s awards in Mumbai on Tuesday, Patel said: “This legitimate issue has been put up before the full members of ICC. It is a just and fair right that we are asking for. It is not about muscle flexing.” “This has been put forward by president N Srinivasan. He has worked out the options.”
HT in its September 15, 2013, edition had reported that BCCI was unhappy with ICC’s system of distributing 75% of net profit equally among full members and felt it deserved a bigger share as it is the BCCI which generates over 70% of the game’s revenue. Banking on the Indian market, the ICC has projected $1.58 billion as the value of its commercial rights for the period 2007-15.