ICC gives a big blow to Pakistan Cricket Board
Shares
The International Cricket Council (ICC) in its annual meeting held in Durban, South Africa has approved the new ICC Financial and Distribution Model 2024-27 despite Pakistan Cricket Board’s concerns.
According to a PCB statement, the new ICC financial and distribution model envisages the largest-ever investment to go into global cricket and provides a huge opportunity for the game to grow further.
In determining the distribution share to members, the model considers on and off-field performance including cricket rankings, performance at ICC events, and commercial contribution to the ICC Events.
PCB, in accordance with it’s constitutional right, has over the past few weeks and at the ICC Meetings, consistently sought additional information to better understand the rationale behind allocation of weightages to each of the criteria and the calculation of the distributions.
The PCB felt in the absence of all relevant information, data and formulae, such a significant decision should not be taken in haste.
The PCB, therefore, proposed that this item may be deferred to the next ICC meeting.
Ultimately, the majority of members did not find it feasible to defer this item and voted in favour of passing the Model, while the PCB recorded its dissent as a matter principle.
