‘We are insisting that the ICC should tell us how these figures were arrived’ - Najam Sethi unhappy with ICC’s revenue model
"Come June, when the board is expected to approve the financial model unless these details are provided to us, we are not going to approve it," Sethi mentioned.
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Pakistan Cricket Board chief Najam Sethi is unhappy with International Cricket Council’s new revenue model and demanded the governing body to show him the process of how such figures were achieved. According to reports, India would claim 38.5%, while England and Australia will be earning 6.89% and 6.25% respectively. Pakistan is expected to pocket 5.75% of the ICC’s projected earnings, which Sethi is not happy about.
Notably, the 12 full members of the ICC would collectively get 88.81 per cent, while the rest of the amount would be distributed among its 96 associate members. Meanwhile talking about the shares, Sethi mentioned that he has no problem with India earning the majority, as they are the game’s financial engine but stated that they are going to reject the model come June when ICC proposes.
“We are insisting that the ICC should tell us how these figures were arrived at. We are not happy with the situation as it stands. Come June, when the board is expected to approve the financial model unless these details are provided to us, we are not going to approve it,” Sethi was quoted as saying by Sportstar.
“In principle, India should get more, there is no doubt about that but ... how is this table being developed?” the 74-year-old added.
Meanwhile, PCB previously wrote to ICC for a proper explanation of how its finance and commercial affairs committee, headed by Indian cricket board secretary Jay Shah functions or determines the shares but a response from them is still awaited.
International cricket will continue to become less competitive, which is in nobody’s long-term interest: Mike Atherton
Former England international Mike Atherton too questioned the new model and stated that the financially weak teams will get weaker and it will harm international cricket in the long run.
“If that distribution comes to pass, then the strong will get stronger, the weak weaker (relatively) and international cricket will continue to become less competitive - which is in nobody’s long-term interest,” Atherton wrote in Times newspaper.
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