India may lose hosting rights for Champions Trophy 2021, World Cup 2023: Report

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India may lose hosting rights for Champions Trophy 2021, World Cup 2023: Report

DUBAI - International Cricket Council (ICC) has warned India that it can lose the hosting rights for the Champions Trophy and the World Cup.

ICC has asked the BCCI to pay USD 23 million before the end of 2018 or it could lose the hosting rights of 2021 Champions Trophy and 2023 World Cup, according to a report.

The amount demanded by cricket’s governing body relates to the tax deductions when India hosted the 2016 ICC World T20.

ICC didn’t get waiver from Indian government and it now wants the Indian cricket board to compensate it for the same. According to the report, failure to do so will result in ICC deducting the amount from BCCI’s share of revenue for the current fiscal year.

The demand reportedly finds a mention in the minutes of ICC board meeting that took place earlier this year in Singapore. On the other hand, BCCI has denied the existence of any such document and asked the ICC to share the minutes where the board agreed to pay the amount.

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