N Srinivasan attends BCCI's SGM, slams COA for agreeing to ICC's new revenue model

In what may be another face off brewing in Indian cricket in the backdrop of the Anil Kumble-Virat Kohli saga, it is learnt that N Srinivasan is not very happy with the new revenue model of the ICC which gives the BCCI a total sum of $405 million.

According to a report in the Times of IndiaSrinivasan created quite a scene at the meeting, rebuking Committee of Administrators (COA) and other BCCI officials for letting down Indian cricket by agreeing to the new, revised revenue model.

 N Srinivasan attends BCCIs SGM, slams COA for agreeing to ICCs new revenue model

File image of N Srinivasan. PTI

Srinivasan attended the BCCI's SGM as a representative of the Tamil Nadu Cricket Association (TNCA).

According to the new revenue model, the BCCI will get $405 million from the ICC during the period of 2016-2023. While the ICC earlier agreed to only $293 million, a round of negotiations led by ICC chairman Shashank Manohar helped the two bodies reach a mutual understanding on the new model.

The report further says that Srinivasan, the man who created the 'Big Three' model which helped India, England and Australia in getting a greater share of the pie, was not convinced with the BCCI's rationale for accepting the reduced amount and in permitting sweeping changes in the governance model.

"Everybody's taking pride in how India has managed to rake in $15 million more than that, but the fact of the matter is that when he (Srinivasan) was at the ICC, India was not just assured of $570 but also held its sway over the ICC," a BCCI official, who agreed with Srinivasan, was quoted as saying.

In response to Srinivasan's outburst at the meeting, the COA clarified that it did the best it could to secure India's interest. It also mentioned that the other nations have signalled their unwillingness to yield ground to the BCCI this time around.

Your guide to the latest election news, analysis, commentary, live updates and schedule for Lok Sabha Elections 2019 on firstpost.com/elections. Follow us on Twitter and Instagram or like our Facebook page for updates from all 543 constituencies for the upcoming general elections.

Updated Date: Jun 26, 2017 19:58:53 IST

Also See