look news india
New Delhi, August 2 (HS). Former West Indies cricket legend Sir Clive Lloyd has demanded reforms in the global revenue distribution model. Recently, while receiving the Order of the Caribbean Community (OCC), the highest honor of the Caribbean region in Grenada, Lloyd has demanded that the International Cricket Council (ICC) compensate the West Indies for financial inequality.
Addressing the vexatious issue of the revenue distribution model, Lloyd reminded the world cricket community that when the West Indies team was at its peak, there were no financial rewards for the regional board, reports Barbados Today.
“Now that the global game is in a strong financial position, it is time for the Windies to get their fair share,” he argued.
He said, “In our years of dominance we did not ask for any extra money. But now I am told that when they distribute the money in ICC, England gets $180 million, Australia gets $180 million, India gets $180 million and we get $80 million. I want to know where do they get this disparity from?
The ICC revenue distribution system was restructured in 2015, with boards being allocated shares based on their contribution to ICC revenue from their countries. Nearly 90 per cent of revenue is generated from India, and the BCCI receives about 39 per cent of ICC income.
“When we were leading, everybody wanted to play – we were playing two tours in the winter. We were a cash cow for these guys. But now that we've gone a bit down, nobody is saying, 'West Indies need some help,'” Lloyd said.
Sir Clive pointed out that the financial imbalance has always been there, even when West Indies were winning, but it has become worse now as more money is coming into cricket.
He said, “I think now is the time for our board to make a special call to the ICC. Send 10 or 12 people who we know have the potential, and tell them that we need some special exemptions.”