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BCCI wants half of WICB profits


BCCI wants half of WICB profits

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Cough up the dough by any means necessary.

The wealthy Board of Cricket For Control in India (BCCI) wants half of the profits the cash-strapped West Indies Cricket Board (WICB) makes over the next nine years.

Reports from India quote a reliable source in the BCCI as saying that the world’s richest cricket body has informally proposed to WICB to part with 50 per cent of their income earned through revenue sharing of the International Cricket Council (ICC) till 2023.

It is estimated that the WICB stands to gain US $100 million from the ICC during the next eight-year cycle, and BCCI wants at least US$50 million of that amount, paid through instalments, to compensate for the loss of revenue.

This, even after another olive branch was sent off to the Indians by the WICB, which has made it clear they are broke, and not in a position to pay the whopping US$42 million originally demanded by the BCCI as compensation for the West Indies players withdrawing from the Indian tour almost a month ago. (BA/CMC)

Please read the full story in today’s Daily Nation, or in the eNATION edition.