ICC asks BCCI to pay Rs 160 cr or lose 2023 World Cup
Team Udayavani, Dec 22, 2018, 5:01 PM IST
Mumbai: In an ultimatum issued to the Board of Control of Cricket in India (BCCI), the International Cricket Council has asked the former to cough up Rs 160 crore (USD 23 million) to compensate for the tax deductions suffered while hosting the 2016 World T20 in India.
The game’s global governing body, headed by former BCCI President Shashank Manohar has threatened to deduct the amount from India’s revenue share for current financial year if the BCCI fails to compensate for the tax deductions before December 31. Moreover it has also threatened that the BCCI may lose out on hosting the 2021 Champions trophy and the 2023 50-over World Cup, which are scheduled to be played in the country.
The ICC did not get a waiver for the tax deductions from the central or state ministry and expects BCCI to compensate the same.
Star TV, the official broadcast rights holder of all ICC tournaments, had deducted all taxes before paying the global body for the World T20 played in 2016, and the latter now wants the BCCI to compensate for it.
BCCI has maintained that it will not pay anything if ICC fails to share the minutes and if ICC deducts the amount, legal action would be sought.
With inputs from TOI
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Mayank Yadav doubtful for remainder of IPL 2024; All set to get BCCI contract
Can Arshdeep and Siraj pass the acid test in Americas?
Mayank getting injured in first game on comeback has to directly be on LSG leadership: Lee
Sunrisers Hyderabad seek perfect chase against Rajasthan Royals
Marsh to captain Australia’s T20 World Cup squad; Smith, McGurk omitted
MUST WATCH
Latest Additions
BJP can’t remain with those who commit atrocities against women: Amit Shah on Prajwal Revanna
Nothing will be left for future if held private properties material resources of community: SC
Amit Shah holds road show in Haveri ahead of Karnataka’s 2nd phase Lok Sabha polls
‘Markets may extend rally this month on strong domestic eco, current govt’s potential re-election’
Hoax bomb threat: Delhi government issues advisory for schools