A copy of the Memorandum of Understanding (MoU) signed by the then Board of Control for Cricket in India (BCCI) Secretary Sanjay Patel and the Pakistan Cricket Board (PCB) representative Najam Sethi at the ICC Board meeting in Singapore in February 2014 is with Vikram Limaye, a member of the Committee of Administrators (CoA) who attended the ICC Board meeting in Dubai recently.
The CoA will have an opportunity to see the BCCI-PCB MoU when they meet in New Delhi on February 17; quite obviously the CoA would be keen to see the MoUs signed with the cricket Boards of Bangladesh, Sri Lanka, Australia, New Zealand, England, South Africa, Zimbabwe and the West Indies.
PCB stand
Those who have had access to the document, aver that the PCB agreed to the Big Three governance model and also the new Revenue Sharing Model (RSM) after being promised a dozen extra home internationals.
The PCB and other full members, except the architects of the constitutional changes and financials, BCCI, CA and ECB, had an idea of how the RSM was calculated; near about 22% of the ICC’s gross annual revenue was apportioned to the BCCI and 10% to the other nine full members.
After two years the CA and ECB, being part of the current ICC’s special Working Group, have rejected the 2014 resolution.
Fundamentally, the 2014 RSM did not start with the usual practice of paying for expenditure and as Limaye said in an interview to this newspaper: “It was of revenues, not revenues minus expenses.’’
Those in the business of accounting processes say: “This itself is flawed.’’
The BCCI CEO Rahul Johri did not respond to an SMS query as to whether the BCCI is in possession of the nine original MoUs on the basis of which a Future Tours Programme (FTP) for 2014-19 was agreed upon, and is being followed.
A formal FTP for the bilateral series though is yet to be signed.
