ICC vs BCCI

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Harmer
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

Post by Harmer »


ICC asks BCCI to pay USD 23 million or lose hosting rights for 2023 World Cup

ICC demands the money from BCCI after the government did not waive off taxes as promised for the 2016 World T20 in India.

ICC have demanded the payment of USD 23 million before the date of December 31

ICC have warned BCCI of the risk of losing the hosting rights of 2023 World Cup and 2021 Champions Trophy

ICC will deduct the amount from BCCI's revenue share for the current financial year
If BCCI fail, ICC have threatened to shift the 2023 World Cup and 2021 Champions Trophy

ICC demands the money from BCCI after the government did not waive off taxes as promised for the 2016 World T20 in India.

The official broadcasters of ICC tournaments, Star TV, had deducted the taxes from their payments to the ICC, but since the world governing body had to bear the cost, they now want BCCI to compensate for it. And if BCCI do not pay the ICC, they will deduct the amount from India's revenue share for the current financial year.

The BCCI in response have asked the ICC to produce any evidence in the minutes of meetings to show that the Indian board had agreed to bear the cost in such a scenario. "The ICC hasn't provided any minutes to the BCCI yet," TOI quoted a source close to the matter as saying.

"And now, the ICC is shying away from sharing any minutes because they don't have any. They just want to recover that money from India," sources said.

"Time and again, Shashank [Manohar] (former BCCI president and current ICC chairman) has targeted BCCI for his own personal agenda," say members.

"It's become fashionable to blame BCCI," said a board member.

"Biting the hand that feeds, eh? Is that what it has come down to? A sports body that has economic value primarily because it feeds on India's commercial stake in the game is telling India that it cannot host a World Cup? And that too with an Indian heading that organisation right now? What a joke," said a senior BCCI member.


Harmer
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

Post by Harmer »

I bet Shashank former BCCI big shot wants to take some sort of revenge with BCCI so he wants to put his native country in big trouble so raja it's not only you but someone else also who is ICC chairman out there to challenge Rich BCCI.
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Re: ICC and BCCI getting messy again, but this time its the Indian Government causing the issue

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Harmer wrote: Fri Aug 09, 2019 1:01 pm icc demand 286 crore from BCCI as indian news paper says in our Language

newspaper says Broadcaster paid certain amount to BCCI but iCC think they should not gets enough so they want to share from BCCIs Profits
This is nonsense. The ICC would just pay the BCCI less in this scenario. Don't waste my time.
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

Post by squarecut »

It is an old news item being recycled again I think.
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

Post by squarecut »

Shashank Manohar is himself an Indian. If ICC wants tax exemption from Government of India, he should talk to the government of India himself. He cannot expect BCCI to do the job that is ICC's job.

Cricket world cup is a money spinner. It is not a charity. So ICC will not get any tax exemption. ICC chances of arm twisting BCCI is as bright as the chances of a 97 pound skinny kid kicking sands in the eyes of a 300 pounds superheavyweight guy and living to tell the tale.
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ICC vs BCCI

Post by going south »

Without BCCI the tournament would cut half earnings in worldcup. They should try that once to teach a lesson to ICC. ;)
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

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asterix wrote: Fri Aug 09, 2019 1:39 pm People should ransack MoFo Shasank Manohar's properties in India...
Why? His job and responsibility is with the ICC. He has to look after the ICC first and foremost.

Why is India not prepared to give the tax break?
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Re: ICC vs BCCI

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going south wrote: Fri Aug 09, 2019 7:39 pm Without BCCI the tournament would cut half earnings in worldcup. They should try that once to teach a lesson to ICC. ;)
It wouldn't likely work. The ICC sells the deals years in advance of the events. It is broadcasters like Star that will bleed. Unless they refuse to pay with India not involved. But I am sure the ICC writes these contracts tightly, and wants large payments in advance.

Then there is the issue of the BCCI having to explain to Indian fans why they're not in the tournament. It would set the scene for a rival BCCI to emerge in India owned by a media conglomerate. Which is long time, the BCCI's biggest fear. Never forget, CA lost to Packer. And Packer couldn't get a seat at the table with the MCC. This time, the ICC may welcome discussions with anyone new.
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Re: ICC DEMAND BCCI TO PAY $23 Million or out of worldcup 2023

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squarecut wrote: Fri Aug 09, 2019 5:44 pm Shashank Manohar is himself an Indian. If ICC wants tax exemption from Government of India, he should talk to the government of India himself. He cannot expect BCCI to do the job that is ICC's job.
Well they both have been trying. But it is the BCCI's role. They are expected as the host board of that region to have the netowrk and communication systems in place for direct conversation. The BCCI is afterall a MEMBER of the ICC. Which so many people seem to forget. The BCCI is part of the ICC. So when ECB host, they are meant to clear the channels with the UK government, when NZC and CA host, they likewise are meant to clear the channels with their governments.
Cricket world cup is a money spinner. It is not a charity.
So are all charity fundraisers intended to be money spinners...
So ICC will not get any tax exemption.
Then less ICC events in India.
ICC chances of arm twisting BCCI is as bright as the chances of a 97 pound skinny kid kicking sands in the eyes of a 300 pounds superheavyweight guy and living to tell the tale.
ICC doesn't need the BCCI's arm twisted. It can host in SL and Bangladesh, and still get the Indian tv audience, and avoid the Indian Government's tax. That's all that it wants.
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Re: ICC vs BCCI

Post by Paddles »

This new title is completely wrong. There are multiple issues being discussed here.

Recap:

1 2021 and 2023 ICC events in India may be moved to Sri Lanka and Bangladesh if the Indian Government does not give the ICC a tax break. There is no suggestion that India will not be invited to compete in these events. This is the issue I cared to discuss.

2 After the 2016 tournament was taxed by the Indian Government, the BCCI ordered Star to withhold 10% of its payment for tax, despite the deal being between the ICC and Star. The ICC wants to reduce its PAYMENTS to the BCCI to this much. This is not the issue I care to discuss.

If the government agrees to a tax break - there won't be an issue with 2021 and 2023, but if the government is determined to tax it, the ICC may move the World Cup. Why would the ICC throw money away to the Indian Government, that it could use for its member cricket boards?

Now if the BCCI get upset over losing the hosting, when a tax free host will return them even more money, this whole situation will start to get farcical. The ICC position is clear, either there is a tax break, or the BCCI absorb the tax losses if it wishes to host. All the rest of the nations, even the 18 or so West Indian nations, agreed in 2007 to tax breaks.
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