CURRENT UPDATE : NEW CHAIRMAN OF ICC

N. SRINIVASAN TO BE NEW CHAIRMAN OF ICC

BCCI President N.Srinivasan will be the new Chairman of the International Cricket Council, ICC from July onwards for a period of two years. Full test playing nations led by India, England and Australia would have a larger share in revenues based on their contribution towards the finances and merit.These are some of the landmark decisions taken at the ICC Board meeting in Singapore today where the new model of Governance, finance and competition was approved by voice vote. Pakistan and SriLanka abstained from the vote. 

ICC President Alan Isaac said that the Board has made some significant decisions which will ensure a better governance of world cricket in the years to come.ICC Chief Executive David Richardson said the directions of the board will be implemented.

Rise of India’s status as the world leader in Cricket has once again been confirmed by the International Cricket Council. The BCCI President N.Srinivasan will head the decision making body of world cricket for two years with a new Executive committee and Finance and Commercial committee. A Test Cricket Fund will finance the promotion of test cricket in all Test playing nations except India, England and Australia. 

All full 10 members now can get larger share of revenues base on how much they contribute to generate finances and their performances in the three formats of the game. All full members will enter into legally binding contracts to ensure that matches are held and the Future Tours Program schedule is maintained till 2023. 

The World Test Championship will be replaced with an ICC Champions Trophy in 2017 and 2021. Beisdes.the winner of the next ICC Intercontinental Cup will be entitled to take part in a play-off against the bottom-ranked Full Member and, if successful can obtain Test status. The stakes of Associate and Affiliate members would also be protected .