Colin Graves backs review of ICC financial model
Outgoing ECB chairman Colin Graves has said the ICC could review its sharing of funds to ensure the sustainability of cricketing nations.
The BCCI holds the largest share of revenues from the financial model the ICC agreed upon for the 2016-2023 rights cycle in 2017, with the ECB the second-highest earners.
Speaking to Sky, Graves – who has expressed interest in taking up the role of ICC chairman – said that the ICC “could look at the way they share the money out from their pot” to lessen the financial gap between international boards.
“Yes, and I think there’s a way to do that,” said Graves when asked if he would like to see a levelling of the financial playing field. “I sit on the ICC board at the present time and have done for the last four years, and I think the ICC could look at the way they share the money out from their pot.
“I’m not being unkind but the ECB, BCCI and Cricket Australia are not reliant on the ICC pot; they’re reliant on their own pot. I think ICC could recut that pot in a different way, with all those countries, to make sure they are sustainable, because we need all the countries sustainable going forward. Everyone.”
Graves will hand over his ECB role to Ian Watmore at the start of September.