indian cricket

BCCI takes a huge pay cut as ICC’s revised financial model comes through

Indian cricket board to receive 293 million dollars from 2016-2023, a major deficit from the earlier amount of 570 million dollars.

In a major setback for the Board of Control for Cricket in India (BCCI), the International Cricket Council approved of a new financial model after its five-day meet in Dubai on Thursday.

According to the new revenue distribution model, the Indian cricket board will receive 293 million dollars from 2016 to 2023. Previously, the Board was drawing an amount of 570 million dollars due to its ‘Big Three’ formula. This will not go down well with the Indian board as the new model eats into its share.

Earlier, ICC chairman Shahshank Manohar had proposed an additional 100 million dollars in the proposed revenue model for Indian cricket. However, the BCCI had rejected the offer.

In a further blow, majority of the other cricket boards voted in favour of change in governance and revenue structures. BCCI lost the vote on ‘governance and constitutional changes’ by a margin of 1-9, while the revenue model saw India getting walloped by a margin of 2-8. The only country that voted alongside BCCI was Sri Lanka.

With the new revenue model getting the nod, BCCI will now have to do with what they have in the eight-year cycle. The England Cricket Board received 143 million dollars while Zimbabwe Cricket received 94 million dollars.

The remaining seven Full Members will receive 132 million dollars each. The Associate Members will receive a funding of 280 million dollars. This model was passed by a vote of 13 to 1.

ICC Chairman Shashank Manohar said, “This is another step forward for world cricket and I look forward to concluding the work at the Annual Conference. I am confident we can provide a strong foundation for the sport to grow and improve globally in the future through the adoption of the revised financial model and governance structure.”

However, given that the BCCI has not announced it squad for the Champions Trophy as an act of defiance, the Board will not go down without a fight.

We welcome your comments at letters@scroll.in.
Sponsored Content BY 

Children's Day is not for children alone

It’s also a time for adults to revisit their childhood.

Most adults look at childhood wistfully, as a time when the biggest worry was a scraped knee, every adult was a source of chocolate and every fight lasted only till the next playtime. Since time immemorial, children seem to have nailed the art of being joyful, and adults can learn a thing or two about stress-free living from them. Now it’s that time of the year again when children are celebrated for...simply being children, and let it serve as a timely reminder for adults to board that imaginary time machine and revisit their childhood. If you’re unable to unbuckle yourself from your adult seat, here is some inspiration.

Start small, by doodling at the back page of your to-do diary as a throwback to that ancient school tradition. If you’re more confident, you could even start your own comic strip featuring people in your lives. You can caricaturise them or attribute them animal personalities for the sake of humour. Stuck in a boring meeting? Draw your boss with mouse ears or your coffee with radioactive powers. Just make sure you give your colleagues aliases.

Pull a prank, those not resulting in revenue losses of course. Prank calls, creeping up behind someone…pull them out from your memory and watch as everyone has a good laugh. Dress up a little quirky for work. It’s time you tried those colourful ties, or tastefully mismatched socks. Dress as your favourite cartoon characters someday – it’s as easy as choosing a ponytail-style, drawing a scar on your forehead or converting a bath towel into a cape. Even dinner can be full of childish fun. No, you don’t have to eat spinach if you don’t like it. Use the available cutlery and bust out your favourite tunes. Spoons and forks are good enough for any beat and for the rest, count on your voice to belt out any pitch. Better yet, stream the classic cartoons of your childhood instead of binge watching drama or news; they seem even funnier as an adult. If you prefer reading before bedtime, do a reread of your favourite childhood book(s). You’ll be surprised by their timeless wisdom.

A regular day has scope for childhood indulgences in every nook and cranny. While walking down a lane, challenge your friend to a non-stop game of hopscotch till the end of the tiled footpath. If you’re of a petite frame, insist on a ride in the trolley as you about picking items in the supermarket. Challenge your fellow gym goers and trainers to a hula hoop routine, and beat ‘em to it!

Children have an incredible ability to be completely immersed in the moment during play, and acting like one benefits adults too. Just count the moments of precious laughter you will have added to your day in the process. So, take time to indulge yourself and celebrate life with child-like abandon, as the video below shows.

Play

This article was produced by the Scroll marketing team on behalf of SBI Life and not by the Scroll editorial team.