The International Cricket Council (ICC) has put the proverbial gun to the head of the Indian cricket board, asking it to cough up US$23m (roughly Rs 160 cr) before December 31 to compensate for the tax deductions incurred in hosting the 2016 World T20 in India.
The game’s global governing body, which is headed by former BCCI president Shashank Manohar, expects the BCCI to compensate them for the tax deductions when India hosted the tournament two years ago and did not get a waiver from the central or state ministry.
The BCCI has been reminded of this demand, mentioned in the minutes of ICC’s board meeting in Singapore in October. The Indian board, now governed by the Supreme Court-appointed Committee of Administrators, has less than 10 days left to comply with the ICC’s demand.
The international body has threatened that should the BCCI fail to do the needful,it will deduct that amount from India’s revenue share for the current financial year.
The ICC has also threatened that should India fail to comply, the governing body will look at “other options” to host the 2021 Champions Trophy and the 2023 50-over World Cup, which are scheduled to be played in India. (cricinfo)