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InDepth headlines national business sports cricket regional entertainment technology world travel autos health | in-depth coverage > Cricket World Cup 2003 > Money matters to top BCCI's agenda at ICC meeting 13.48 IST 12th June 2003 By IndiaExpress Bureau Financial matters will top Board of Control for Cricket in India (BCCI) President Jagmohan Dalmiya's agenda when he attends the executive committee meeting of the International Cricket Council (ICC) in London next week. It is learnt that the Global Cricket Corporation (GCC), the sponsorship rights holders of World Cups for 2003 and 2007, have sought compensation to the tune of Rs 2.50 bn from the ICC for breach of ambush marketing contract by the Indian cricket players; New Zealand's refusal to play in Kenya and a similar boycott of Zimbabwe by England. The ICC, anticipating such a claim by the GCC, had withheld $8-9 million dollars due to the Indian Cricket Board, 3.5 million dollars due to England and Wales Cricket Board (ECB) and 2.5 million dollars marked for New Zealand Cricket (NZC). The ICC is sure to forward the claim matter to its executive committee members in the meeting, justifying holding on to the guarantee money of a few countries for the 2003 World Cup. Also, it is almost certain the Indian Cricket Board will dispute it and the matter will go to the Court of Arbitration for Sports in Lausanne. in-depth coverage > Cricket World Cup 2003 > |
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