International Cricket Council (ICC) proposed a new revenue model for international cricket and Pakistan Cricket Board (PCB) is unhappy with the decision as there is not fair distribution of revenue for all the members.
Pakistan Cricket Board Chairman Najam Sethi told media that, India, the game’s financial engine should get the biggest share, this is the thought of ICC and their distribution is according to it.
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The Global Governing body of International Cricket ICC, has proposed a new revenue sharing model for 2024-2027 cycle. It would be voted in its next board meeting in June.
According to the sources, India would get 38.5%, while England Australia would claim 6.89 and 6.25. Pakistan stands out to get only 5.75% of ICC projected earnings, all together from its media rights sale.
12 Full members of ICC
The 12 full members of International Cricket Council (ICC) would get 88.81% while the rest of amount would be distributed among 96 associate members.
Najam Sethi while talking to media said that, ‘ICC should tell us how these figures were arrived at, We are not happy with the situation as it stands. Come June, when the board is expected to approve the financial model, unless these details are provided to us, we are not going to approve it’.
Despite the fact that revenue is increased for all the countries but two more nations are not happy with the model. If ICC considered factors such as performance of country’s men and women team then still the model is questionable.
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Former captain of England Cricket team Mike Atherton also criticized the model which he feared would only deepen the game’s existing inequality.