Following the passing of new financial structure by International Cricket Council (ICC) on Thursday, the squad announcement of India for the upcoming ICC Champions Trophy 2017, to be held in England, has been kept on hold by The Board of Control for Cricket in India (BCCI). There are also rumours that India might pull out of the global tournament following ICC’s new financial structure, which has been strongly objected by the BCCI of late. India have already missed the deadline for the squad submission on April 25, while the tournament is supposed to get underway from June 1. The seven other participating teams have all announced their respective 15-member squads for the tournament. ICC passes revised financial model; agrees upon new constitution
India have opposed the new financial structure set by ICC, one that may lead to curbing of their influence under the previous scheme of ‘The Big Three’, also including Australia and England. The just-concluded ICC meeting in Dubai also witnessed BCCI being outvoted 1-9 against the new financial structure. The vote for forming a new constitution was also supported by most other cricket boards, and will now be up for approval by the ICC Full Council. This has led to strong rumours that India could well pull out of Champions Trophy following their discontent over the new financial structure.
“It is too early to make predictions since the event is more than a month away, but nothing can be ruled out. Let’s wait and watch. We can still name the team, say even in a week or two, as we have a squad in mind and it’s just about putting a seal on it. And I am sure it will be accepted by the ICC,” a BCCI official was quoted saying by AFP. BCCI will now be earning $277 million less revenue than its previous scheme under The Big Three.