India can lose the hosting rights for the Champions Trophy 2021, hinted by the International Cricket Council (ICC) on Friday. England hosted the last Champions Trophy, where Pakistan came victorious after defeating arch-rival India in the final.
This news broke after the meeting of BCCI and ICC, who is exploring the possible alternative hosts for the ICC Champions Trophy 2021, which is scheduled to take place in India.
The home boards always give exemptions in tax to the main governing body and ICC is looking for the same. But the Board of Control for Cricket in India (BCCI) is in no mood to give any leniency to ICC, who is now looking for a host nation with the same time zone and can replace India as hosts.
A press release from ICC reads “In other matters, the Board expressed their concern around the absence of a tax exemption from the Indian Government for ICC events held in India despite ongoing efforts from both the ICC and BCCI to secure the exemption which is standard practice for major sporting events around the world.”
“The Board agreed that ICC management, supported by the BCCI will continue the dialogue with the Indian Government but in the meantime directed ICC management to explore alternative host countries in a similar time zone for the ICC Champions Trophy 2021,” it further adds.
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Meanwhile, ICC announced that their two new full members – Ireland and Afghanistan – will receive increased fund from now on.
“The new model will see Ireland and Afghanistan each receiving a percentage of the projected surplus, amounting under current projections to approximately $40m each over the course of the current eight-year commercial rights cycle,” ICC stated.
It was also announced that Indra Nooyi, Chairwoman and CEO of PepsiCo, will become ICC‘s first female Independent Director, as part of a wide-ranging constitutional change to improve global governance of the sport.