The Pakistan Cricket Board is sad with the proposed new income distribution mannequin for worldwide cricket though it accepts India, the sport’s monetary engine, ought to get the most important share.
The International Cricket Council (ICC), the sport’s world governing physique, has proposed a brand new income sharing mannequin for the 2024-27 cycle to be voted on at its subsequent board assembly in June.
According to figures leaked to Cricinfo, India will declare 38.5 per cent whereas England and Australia would pocket 6.89 per cent and 6.25 per cent respectively.
Pakistan stands to earn 5.75 per cent of the ICC’s projected earnings, primarily from its media rights sale.
The 12 full members of the ICC would collectively get 88.81 per cent, whereas the remaining could be distributed amongst its 96 affiliate members.
“We are insisting that the ICC should tell us how these figures were arrived at,” Pakistan chairman Najam Sethi instructed Reuters from London.
“We are not happy with the situation as it stands.
“Come June, when the board is anticipated to approve the monetary mannequin, except these particulars are supplied to us, we aren’t going to approve it.”
India generates an estimated 80 per cent of ICC revenue and Disney Star shelled out $US3 billion ($A4.5 billion) last year to acquire the 2024-27 media rights for the Indian market.
Sethi said the PCB had already asked the ICC to explain how its finance and commercial affairs committee, headed by Indian cricket board secretary Jay Shah, determined the share.
Despite the fact all nations will get more money, Sethi said at least two other Test playing nations were not happy with the model and had sought more details.
The ICC, which considered factors such as the performance of a country’s men’s and women’s teams and their contribution to the ICC’s commercial revenue, was not immediately available to comment.
“In precept, India ought to get extra, there isn’t a doubt about that however … how is that this desk being developed?” Sethi said.
The proposed revenue split has become a major talking point in world cricket, which is already facing a rapidly altering landscape because of the Indian-driven rise of franchise-based leagues.
Former England captain Mike Atherton, writing in The Times newspaper on Monday, criticised the “flawed” model, which he feared would only deepen the game’s existing inequality.
“If that distribution involves move, then the sturdy will get stronger, the weak weaker (comparatively) and worldwide cricket will proceed to change into much less aggressive which is in no person’s long-term curiosity,” Atherton wrote.
Source: www.perthnow.com.au
