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 “England and Australia agreed and after that it was decided and from 27 June onwards the new structure will come into place. I would like to state that all 10 Full Members have signed the resolution.”
There was also no stopping BCCI President-in-exile N. Srinivasan from taking over as the Chairman of the ICC later this month in Melbourne as the Indian Supreme Court has not prevented him from doing so, Patel said.
“By the month end, India will take a leading role in the ICC. Mr. Srinivasan is going. There is no Supreme Court bar on him. Both of us are going to Melbourne. In the last four months we have settled (the issue) with all the Full Members of the ICC and convinced them about the new structure and the new financial model of the ICC which would be followed in the coming years.
“India would play a leading role in the ICC and the reasons are well known. India is more or less responsible for 68 to 72% of the ICC’s gross revenue but unfortunately so far we were getting 3 to 4% of it.”
Patel said that a private agency study had confirmed India’s substantial contribution to the ICC.
“Srinivasan asked a private agency to study the model and find out who is responsible for what amount and we found that India is responsible for 72% and ICC worked out that it was 68%. We had a meeting with the ICC officials in Dubai and we informed that 68 to 72% is not an issue but it was clear that the majority of the income is coming from India, so why should India take only 3 to 4%?”
“England and Australia agreed and after that it was decided and from 27 June onwards the new structure will come into place. I would like to state that all 10 Full Members have signed the resolution.”
There was also no stopping BCCI President-in-exile N. Srinivasan from taking over as the Chairman of the ICC later this month in Melbourne as the Indian Supreme Court has not prevented him from doing so, Patel said.
“By the month end, India will take a leading role in the ICC. Mr. Srinivasan is going. There is no Supreme Court bar on him. Both of us are going to Melbourne. In the last four months we have settled (the issue) with all the Full Members of the ICC and convinced them about the new structure and the new financial model of the ICC which would be followed in the coming years.
“India would play a leading role in the ICC and the reasons are well known. India is more or less responsible for 68 to 72% of the ICC’s gross revenue but unfortunately so far we were getting 3 to 4% of it.”
Patel said that a private agency study had confirmed India’s substantial contribution to the ICC.
“Srinivasan asked a private agency to study the model and find out who is responsible for what amount and we found that India is responsible for 72% and ICC worked out that it was 68%. We had a meeting with the ICC officials in Dubai and we informed that 68 to 72% is not an issue but it was clear that the majority of the income is coming from India, so why should India take only 3 to 4%?”