The affiliated units of the BCCI might have a reason to rejoice in the coming months as the ICC's revamp in the revenue distribution structure will mean an additional cash bonanza to the tune of Rs 15 crore for them to develop the game.
With the ICC clearing the 'Position Paper', which provides more revenue to India, England and Australia, the BCCI top brass has decided that the money earned through the new 'Revenue Model' will be put back into the game through the various affiliated units.
According to a reliable source, the units might get an additional Rs 15 crore each as India stands to gain more from the ICC revenue sharing. This will be an additional amount apart from the regular grant and money from TV sponsorship rights that the associations have been getting all along.
"As per the new 'Revenue Model', the BCCI gets 21 percent of the profits. We have been told by the top office-bearers that state units stand to gain an additional amount of approximately Rs 15 crore which can be used for development of the game and infrastructure at the grassroots level," a senior BCCI official told PTI today.
While N Srinivasan is set to take over as the chairman of the ICC Board, questions are being raised as to what will happen if he finally does not sit on the chair.
"Look, while this decision to distribute the ICC earnings was intimated by Mr Srinivasan at an earlier board meeting, it is BCCI's turn to select the chairman of the ICC Executive board for a period of two years between 2014 and 2016.
