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Srinivasan Has A Way Of Recovering funds For BCCI Amid Crisis
By CricShots - Apr 24, 2020 6:27 pm
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The coronavirus pandemic has had some adverse effects around the world. More than 27 lakh people have suffered this deadly disease and the numbers are increasing gradually with each passing day. As the entire world has gone into a forced lockdown, there is a huge global economic crisis which is expected to arrive anytime soon. However, the cricketing world has also got affected due to the global pandemic.

BCCI
BCCI

There haven’t been any matches across the world for more than 45 days now. Most of the cricket boards are struggling to get their funds sorts and most of them have already started cutting wages of their players and staff.

However, the Board of Control for Cricket in India (BCCI) has been pushing the International Cricket Council (ICC) to pay up the USD 175 million which they were supposed to receive as per the big three resolution. According to the reports, Former BCCI chief N Srinivasan has ways of getting funds back for the board from the ICC.

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BCCI has also been looking to sort out the tax exemption of $23 million with the Indian government for hosting the ICC T20 World Cup 2016 on behalf of the ICC. As per the reports by Sportskeeda, N Srinivasan has been talking to some top ministers of the Indian government regarding the entire issue. Srinivasan seems to have sought the help of the Indian government to bring back the money from ICC.

Srinivasan
N. Srinivasan

When Srinivasan was at the helm of things at ICC and BCCI, he has designed a big three formula. This would give a substantial advantage to the big three cricket boards, BCCI, Cricket Australia and England and Wales Cricket Board (ECB). However,  the current situation has got every board to look upon BCCI once again for generating revenues.

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Talking about the same, one of the sources of Sportskeeda said, “The situation is getting reversed and Srinivasan putting pressure on the BCCI means that the battle for money is going to gain some momentum once again. All the boards are looking to BCCI and this is how it is going to be. The BCCI is going to call the shots.”

The global pandemic has created a situation that if the IPL 2020 takes place, then slowly all the international cricket series can also resume.