[www.inewsguyana.com] – The International Cricket Council’s (ICC) Board today approved a ‘comprehensive resolution’ relating to the governance, competition and financial models of the ICC at a meeting in Singapore.
One such change is the establishment of a Test Cricket Fund ensure all of the Test playing teams sustain a home programme through to 2023; a fund which will be available to all of the Test playing Members except the Board of Control for Cricket in India (BCCI), Cricket Australia (CA) and the England and Wales Cricket Board (ECB).
Meanwhile, associate members have their own slice of the cake with 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, obtaining Test status
World Test Championship will be replaced with an ICC Champions Trophy in 2017 and 2021 after It proved impossible to come up with a format for a four-team finals event in Test cricket that fits the culture of Test cricket and preserves the integrity of the format.
The most recent ICC Champions Trophy event was reinstated on the grounds that it was very popular with supporters around the world
With the ICC Champions Trophy alongside the ICC Cricket World Cup and ICC World Twenty20 and the formats and venues already confirmed for all of these events the ICC has a really attractive package for 2015-23 to take to the market.
The biggest change that the sport has incurred will be that Full Members will gain greater financial recognition based on the contribution they have made to the game.
These come particularly in terms of finance, their ICC history and their on-field performances in the three formats. The structure of the model will ensure that none of the Full Members will be worse off than they are at present and – if forecasts of revenue generation prove to be correct – all will be significantly better off.
Meanwhile, the ICC Board will continue to be the primary decision-making body. From the start of July this year, the ICC Chairman will be N.Srinivasan from the BCCI.
A new Executive Committee will be formed to report into the Board. The initial Chair of this Executive Committee (ExCo) will be Wally Edwards from Cricket Australia while the Chair of the Finance and Commercial Affairs Committee (F&CA) will continue to be Giles Clarke from the ECB. These roles will be for an initial two year transitional period to 2016 only.
[Extracted and modified from WICB Website]