Set to gain from ICC overhaul, BCCI backs revamp plan

January 23, 2014

BCCiChennai, Jan 23: Set to benefit immensely from the structural overhaul of the ICC, the BCCI on Thursday unanimously backed the plan which would cede executive decision-making in world cricket to India, Australia and England.

In an emergent meeting, the Indian board reviewed the proposals of the ICC Commercial Rights Working Group, which have created quite a flutter in international cricket.

"The committee discussed at length the proposals of the ICC Working Group and felt that this proposal was in the interest of cricket at large," BCCI secretary Sanjay Patel said in a statement after the meeting.

The meeting was chaired by board vice-president Shivlal Yadav after president N Srinivasan had to skip it because of his mother's death this morning.

The BCCI unanimously agreed to approve the proposal of the Working Group of the ICC's Finance and Commercial Affairs (F&CA) committee in which the Indian board, Cricket Australia and England and Wales Cricket Board are key members.

The BCCI members "authorised the office-bearers to enter into agreements with ICC for participating in the ICC events and host ICC events, subject to the proposal being approved in the ICC Board".

The BCCI also "authorised its office-bearers to discuss bilateral matches with other Full Members (including Pakistan) and sign formal Future Tours Programme agreements".

As things stand right now, 75 per cent of ICC earnings are divided between the 10 full member countries equally and the remainder goes to associate members.

In the lead-up to negotiations for the next ICC commercial rights cycle -- covering the period from 2015 to 2023 -- India apparently wants its share of the global game's money to reflect the proportion of revenue the country generates.

The planned overhaul of the ICC would also see a new executive committee formed by India, England and Australia that would decide most of the key issues in cricket, and a relegation system, from which they would be protected.

Other changes would include a two-tier system for Test cricket in which India, Australia and England would be exempt from relegation and removal of control over scheduling from the ICC to allow countries to essentially pick and choose who they play.

Cricket South Africa has spoken out against the plan, calling for an immediate withdrawal of the "fundamentally flawed" proposal.

It has also drawn criticism from the Federation of International Cricketers' Association Executive Chairman Paul Marsh, who has called it unconstitutional.

The structural overhaul plan is set to be presented at the ICC's quarterly meeting in Dubai on January 28 and 29. It must have the support of seven of the 10 full member nations to be passed.

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January 24,2020

Auckland, Jan 24: K L Rahul and Shreyas Iyer smashed quick-fire half-centuries, while skipper Virat Kohli made 45 as India defeated New Zealand by six wickets in the first T20 International to take a 1-0 lead in the five-match series here on Friday.

Chasing a challenging 204-run target, Rahul smashed 56 off 27 balls and together with Kohli shared 99 runs for the second wicket to lay the foundation for the chase.

Later, Iyer (58 not out off 29 balls) and Manish Pandey (14 not out) remained unbeaten as India chased down the target with an over to spare.

Earlier, Colin Munro, Kane Williamson and Ross Taylor smashed scintillating half-centuries to power New Zealand to a challenging 203 for five.

Opener Munro blasted six fours and two sixes in his 42-ball 59, while skipper Williamson treated the Indian bowlers with equal disdain, hitting them out of the park four times in his 26-ball 51.

Taylor then clobbered an unbeaten 54 off 27 balls. His innings was laced with three sixes and as many fours.

Opener Martin Guptill also chipped in with a 19-ball 30.

Earlier, India skipper Virat Kohli won the toss and decided to field.

For India, Jasprit Bumrah (1/), Shardul Thakur (1/44), Yuzvendra Chahal (1/32), Shivam Dube (1/24) and Ravindra Jadeja (1/18) snapped one wicket each.

Brief Score:

New Zealand: 203 for 5 in 20 overs (Colin Munro 59, Kane Williamson 51, Ross Taylor 54; Jasprit Bumrah 1/31).

India: 204 for 4 in 19 overs (Shreyas Iyer 58 not out, K L Rahul 56, Virat Kohli 45; Ish Sodhi 2/36).

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February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

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January 15,2020

Dubai, Jan 15: India skipper and batting mainstay Virat Kohli was on Wednesday named captain of the International Cricket Council's ODI and Test teams of the year, capping off a memorable season for the world No.1.

Apart from Kohli, there were four other Indians who were picked in the ICC's Test and ODI Teams of the Year.

While the Test team featured double-centurion Mayank Agarwal, opener Rohit Sharma, speedster Mohammed Shami and left-arm spinner Kuldeep Yadav found a place in the ODI side.

Kohli enjoyed a tremendous run in both the formats in 2019. The 31-year-old hit his seventh Test double hundred on the way to a career-best unbeaten 254 against South Africa in October last year.

It was a breakthrough year for opener Agarwal, who smashed two double tons, one century and went beyond the fifty-run mark twice. He hit a career-best score of 243 against Bangladesh in November.

Kuldeep, too, enjoyed a memorable year as he joined the golden list of bowlers with two hat-tricks. The chinaman claimed his second ODI hat-trick of his career against the West Indies last month.

In the absence of Indian pace spearhead Jasprit Bumrah, Shami rose to the occasion making the best in the business hop, skip and jump with his pace, swing and bounce through the season. He scalped 42 wickets in 21 ODIs over the last 12 months.

The ICC's Teams of the Year 2019:

ODI Team of the Year (in batting order): Rohit Sharma, Shai Hope, Virat Kohli (captain), Babar Azam, Kane Williamson, Ben Stokes, Jos Buttler (wicketkeeper), Mitchell Starc, Trent Boult, Mohammed Shami, Kuldeep Yadav

Test Team of the Year (in batting order): Mayank Agarwal, Tom Latham, Marnus Labuschagne, Virat Kohli (captain), Steve Smith, Ben Stokes, BJ Watling (wicketkeeper), Pat Cummins, Mitchell Starc, Neil Wagner, Nathan Lyon.

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