Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Sri Lanka questions 'illegal' ICC revamp  Join our daily free Newsletter

MENAFN - Arab News - 07/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Arab News) LONDON: Sri Lanka have insisted plans for wholesale reform of the International Cricket Council are in conflict with the organization’s “fundamental principles.”Last month the ICC said it had reached “unanimous agreement” on the outline of a plan to give the sport’s most financially powerful nations — India, England and Australia — a greater say in running the world game.Sri Lanka, together with Pakistan and South Africa, had already objected to the proposals when they were leaked ahead of an ICC board meeting in Dubai.Soon after the talks, it became clear several countries still had concerns ahead of Saturday’s follow-up meeting in Singapore, which could see a vote on implementing the plans.In a letter seen by AFP in London, Sri Lanka Cricket board president Jayantha Dharmadasa has written to the ICC’s head of legal affairs, Iain Higgins, warning the reforms are “not valid” in law.The letter, sent to the ICC’s Dubai headquarters on February 5, states that one of the objects for which the ICC was established was to regulate and promote the game worldwide “in co-operation with its members.”However, Dharmadasa argued the proposed changes take away power from the 10 full members and vest it “in an inordinately disproportionate manner in just three full members, namely the boards of India, England and Australia.”“The purported resolutions also have the effect of taking a disproportionately large share of the funding available from the ICC and distributing it among these three full members,” Dharmadasa added.“This is contrary to the equal revenue share model that is enshrined in the constitution.” The other major proposed change is the end of the current Future Tours Program, designed to give all 10 leading countries a regular diet of international cricket, and a return to ‘bilateral’ series.Critics such as former England captain Michael Atherton have said the plans represent “the end of the notion that a fair and principled and just body can govern cricket in the interests of all.”But the ‘Big Three’ have insisted their scheme is about more than their own self-interest, with England and Wales Cricket Board (ECB) chairman Giles Clarke saying: “If the status quo was so successful, why were so many countries in a perilous financial state?” He added: “All countries earn more through this proposal. No member would earn less and, if our predictions are correct, most will earn an awful lot more. How can that be bad for cricket?”


 


Arab News




  MENA News Headlines
 Nov 28 2014 - India says still searching for 39 workers seized in IraqArab News
(MENAFN - Arab News) NEW DELHI: India said Friday it was still searching for 39 construction workers abducted in Iraq in June denying a report claiming they had been executed by the Islamic State ...

 Nov 28 2014 - Gulf Asia approve steps to protect foreign workersArab News
(MENAFN - Arab News) KUWAIT CITY: Gulf and Asian labor ministers agreed Thursday on a series of initiatives aimed at boosting protection and improving conditions of employment for millions of foreign ...

 Nov 28 2014 - UAE hints at body to monitor forex pegThe Peninsula
(MENAFN - The Peninsula)   An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the US dollar, but local bankers said any change to the peg ...

 Nov 28 2014 - Qatar bourse index down by 3.72pc last weekThe Peninsula
(MENAFN - The Peninsula)  Qatari bourse fell on heavy selloff on latest Opec pessimism on output cut. The benchmark index plunged by 1.39 percent to finish at 13,330 yesterday.The entire sector ...

 Nov 28 2014 - Qatar calls for creating Common Islamic MarketThe Peninsula
(MENAFN - The Peninsula)  Speaking on behalf of all Arab countries, Qatar's Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani, yesterday at the Ministerial Session of ...

 Nov 28 2014 - Saudis block Opec output cutThe Peninsula
(MENAFN - The Peninsula)  Saudi Arabia blocked calls yesterday from poorer members of the Opec oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude ...

 Nov 28 2014 - Don't bypass oil firm, Libya rival govt warnsThe Peninsula
(MENAFN - The Peninsula)  Libya's parallel government controlling the capital will take legal action against buyers of oil bypassing the Tripoli-based state oil firm National Oil Corporation (NOC), ...

 Nov 28 2014 - Qatar Airways partners with Coca Cola IPTLThe Peninsula
(MENAFN - The Peninsula)  Qatar Airways (QA) has teamed up with Coca-Cola International Premier Tennis League (IPTL) as the presenting sponsor for the inaugural edition of the event.The IPTL is the ...

 Nov 28 2014 - Aljazeera to hold global hackathonThe Peninsula
(MENAFN - The Peninsula)   Aljazeera is organising its first hackathon where some of the most innovative minds in media and technology from around the globe will work together and collaborate on the ...

 Nov 28 2014 - GCC 'Summit key to boosting unity'The Peninsula
(MENAFN - The Peninsula)  H M King Hamad bin Isa Al Khalifa of Bahrain yesterday met GCC Secretary-General Dr Abdullatif bin Rashid Al Zayani, who is on a GCC tour.King Hamad stressed the importance ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help