ECB CEO backs ICC model, says India justified in getting 38% of earnings
India make immense contribution in driving revenues and fuelling the growth of cricket globally and deserve to earn USD 230 million per year from 2024 to 2027 under ICC's proposed financial model, feels ECB chief executive officer Richard Gould.
According to the new proposed distribution model, the Indian cricket board (BCCI) could earn 38.5 per cent of the USD 600 million earnings over the next four year commercial cycle with the ECB (USD 41.33 million) and Cricket Australia (USD 37.53 million) being the next highest earners.
The PCB is likely to take home USD 34.51 million (5.75 per cent), while the rest will be shared by the remaining eight full members.
In total, the 12 full members will get USD 532.84 million (88.81 per cent) with the remaining USD 67.16 million (11.19 per cent) going to the associate members out of the USD 600 million projected pool.
The proposals, which are due to be ratified by the ICC, were criticised as it will only further increase the financial disparit