India is refusing to unveil its squad for the Champions Trophy amid speculation it might pull out owing to a row with the International Cricket Council (ICC) on revenue sharing.
The Board of Control for Cricket in India (BCCI) has already missed the agreed April 25 deadline for naming the squad for the eight nation event beginning in England and Wales on June 1.
The other nations have named their squads but India is unlikely to face any sanction from the ICC under the rules of the 50-over tournament.
India's reluctance stems from their long-running opposition to changes in the financial and governance structure of the ICC which would reduce their influence and earnings along with the other two members, Australia and England, of the so-called “big three”.
An ICC board meeting in Dubai on Wednesday voted in favour of the new financial model despite the BCCI — the world's richest cricket board — voting against it.
The board voted in favour of a new constitution, which will now be put before the ICC Full Council for approval.
The dispute has raised speculation in India that the cricket mad nation could pull out of the tournament, an event it won in 2013.
“It is too early to make predictions, since the event is more than a month away, but nothing can be ruled out. Let's wait and watch,” a BCCI official told AFP Thursday on condition of anonymity.
“We can still name the team, say even in a week or two, as we have a squad in mind and it's just about putting a seal on it. And I am sure it will be accepted by the ICC.”
Under the ICC shake-up, India stands to earn $277 million less in revenue in the next eight years, the global cricket board said in a statement.
