The ICC’s new constitution moved a step closer to reality on a dramatic afternoon in Dubai, as cricket’s Full Members exercised their collective will to outvote the BCCI.
The Indian board was the only Full Member to object to the new financial model, and was one of only two Full Members to vote against the new governance changes. The financial model, with which the BCCI has been unhappy, received overwhelming support from Full Members, who voted to pass it 9-1 in favour, while the proposed governance changes to in the new constitution were passed by an 8-2 margin.
The next step as far as implementing the constitution now will come at the annual conference in June, where it will be approved formally after being ratified. That day will mark the formal end of the Big Three era, two years after it came into effect.
The day’s biggest reverberations will come from the failure of the BCCI to push through a financial model they could be happy with. Indeed, not only did they fail to get the $570 million cut from ICC revenues that they demanded when they arrived in Dubai, they failed to secure the compromise offer that the ICC chairman Shashank Manohar had put forward.
In that, he was willing to up their share by approximately $100 million. Instead, in the model that has been voted through the Indian board’s share from ICC revenues in the next rights cycle will be $293 million, a little more than half the amount the Indian board wanted.