Interested candidates can apply by May 31st and will be interviewed by the Cricket Advisory Committee (CAC) of Sachin Tendulkar, Sourav Ganguly and VVS Laxman.
"To ensure a fair and completely transparent process, a nominee of the Committee of Administrators (CoA) will oversee the entire process along with the Cricket Advisory Committee," the BCCI release stated.
BCCI joint secretary Amitabh Chaudhary said that board is happy with Kumble's performance but they are trying to follow a due procedure.
While Kumble being the current coach gets a "direct entry" into the interview process, the timing of BCCI's announcement makes it clear that the top brass has not exactly been happy with the legendary leg-spinner. The reason being the aggressive stance asking for a massive hike in central contracts for players and his own salary.
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"Obviously, he is in contention as the current chief coach," a BCCI official told PTI today.
The surprising aspect has been the timing of the announcement for inviting fresh applications as the team just landed in UK today for their Champions Trophy defence.
"Kumble is bargaining for himself as well as the players. Fair enough but tomorrow if BCCI decides to replace him, he will not be in a position to bargain. Some of his demands have been simply inexplicable," the official said.
The BCCI brass is peeved that Kumble demanded 25 percent extra "captaincy fees" for Virat Kohli as he takes extra burden.
His demands for a position in the selection committee in capacity of being the head coach has also been questioned in all quarters.
As per BCCI constitution, the coach or the captain attends selection meetings but they don't have a vote. The constitution needs to be revamped and the board are unlikely to consider most of Kumble's suggestions.
They have already made it clear that they won't increase the current 26 percent revenue that is reserved for the cricketers and would work around that model.
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