Speaking to small group of reporters on the sidelines of the ICC ODI Shield presentation ceremony here, Morgan said: "I watched NDTV last night for half an hour and it does seem to be quite a confused situation (at BCCI).
"I believe that Srinivasan stepping aside has done the right thing and quite clearly there are many talented administrators in the BCCI who can help ... Jagmohan Dalmiya, IS Bindra, Shashank Manohar and Sharad Pawar are very talented and capable," said the 76-year-old Morgan.
There was pressure on Srinivasan to resign after after his son-in-law and Chennai Super Kings Team Principal Meiyappan was arrested for alleged involvement in betting. Srinivasan's company India Cements owns CSK.
Morgan, who has been the chairman of the Glamorgan County Club, said power struggle in cricket administration can hit rock bottom.
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The ICC's Anti-Corruption Unit has come under fire after three Indian players were arrested for allegedly 'spot-fixing' games in the sixth Indian Premier League.
Morgan said the ICC is doing enough to curb match-fixing.
"I believe efforts are always been made to curb spot-fixing and match-fixing and to increase the policing of it and prevention of it," Morgan said.
"I know it is a widespread problem and ICC is doing every possible thing to curb it. ICC does a tremendous job in doing top most to eradicate spot-fixing and match fixing.