Bangladesh set to receive over BDT 1,000 crore from ICC

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bangladesh to receive bdt 1,000 crore from icc

The Bangladesh Cricket Board (BCB) is set to receive over Tk 1,000 crore from the International Cricket Council (ICC) during the ongoing circle of eight years after the global cricket oversight body approved its revised financial model on Thursday. [নিউজটি বাংলায় পড়ুনঃ আইসিসি থেকে ১০০০ কোটি টাকা পেতে যাচ্ছে বাংলাদেশ]

Also Read - Rashid Khan gets BDT 24 lacs for every wicket

During the five-day long meeting in Dubai, members negotiated various issues from constitutional changes to financial model before sweeping changes were approved in voting. [Read also: BCB boss shocked at Pakistan decision]

The revenue distribution model for the cycle 2016-2023 was passed to 13-1 vote with India being the only country to oppose it.

Under the new model, India will receive $293m across the eight year cycle against its demand of $570m, the share it would have received under the previous Big Three finance model.

England, another important member of so-called Big Three, will now receive $143m.

Zimbabwe will receive $94m and the remaining seven full members, including Bangladesh, will $132m (Tk 1,056 crore) each.

Meanwhile, the BCB officials welcomed the move.

“It’s a kind of victory for us. Along with the financial issues this was significant for us,” said a BCB director seeking anonymity. Along with the financial issues this was significant for us.

 

– Jannatul Naym Pieal, Correspondent, bdcrictime.com

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