In International Cricket Council (ICC) meeting a huge blow was faced by Indian cricket board when India was out-voted with overwhelming majority.
In the global body’s Board Meeting the majority voted for a change in governance and revenue structures. On the first day of the meeting BCCI’s opposition to revamped governance was rejected by 1-9 margin while the revenue model was struck down by 2-8. The only country that voted alongside BCCI was their neighboring country Sri Lanka.
It was learnt that since BCCI outrightly rejected the additional USD 100 million pay-out in revenue, it was once again given the original option of USD 290 million which is a USD 280 million cut from the USD 570 million India had been getting till last year.
On the other hand Pakistan Cricket Board (PCB) has decided legal action against BCCI for not honoring bilateral cricket series. PCB will demand damaged money faced due to not holding of series between both countries.
PCB will send legal notice to BCCI in next week.